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Dycom Industries, Inc. 17.3% Potential Upside Now Implied by FBR Capital

Dycom Industries, Inc. with TICKER NYSE:DY had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at FBR Capital. Dycom Industries, Inc. are listed in the Basic Industries sector within NYSE. FBR Capital have set a target price of 78 USD on its stock. This would imply the analyst believes there is a potential upside of 17.3% from the opening price of 66.47 USD. Dycom Industries, Inc. NYSE:DY has a 50 day moving average of 57.01 USD and the 200 Day Moving Average price is recorded at 42.16 USD. The 1 year high for the stock price is 67.94 USD while the 52 week low for the share price is 24.84 USD.

 

Dycom Industries, Inc. NYSE:DY (Dycom) is a holding company. The Company, through its subsidiaries, provides specialty contracting services throughout the United States and in Canada. The Company operates under the specialty contractor segment, whereby through its subsidiaries, it provides engineering, construction, maintenance and installation services to telecommunications providers; underground facility locating services to various utilities, including telecommunications providers, and other construction and maintenance services to electric and gas utilities and others. Its engineering services include the design of aerial, underground and buried fiber optic, and copper and coaxial cable systems. Its construction, maintenance and installation services include the placement and splicing of fiber, copper and coaxial cables. It is also engaged in providing construction and maintenance services for electric and gas utilities, and other customers.

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