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Dycom Industries, Inc. 35.7% Potential Upside Now Implied by Stifel

Dycom Industries, Inc. with TICKER NYSE:DY had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘BUY’ yesterday by analysts at Stifel. Dycom Industries, Inc. are listed in the Basic Industries sector within NYSE. Stifel have set their target price at 80 USD on its stock. This would imply the analyst believes there is a potential upside of 35.7% from the opening price of 58.96 USD.

 

Dycom Industries, Inc. NYSE:DY has a 50 day moving average of 63.82 USD and the 200 Day Moving Average price is recorded at 70.88 USD. The 1 year high for the stock price is 90.82 USD while the 52 week low is 43.21 USD. Over the last 30 and 90 trading days the company share price has decreased 3.2 points and decreased 19.44 points respectively. There are currently 33,213,858 shares in issue with the average daily volume traded being 1,039,439. Market capitalisation for NYSE:DY is $1,933,046,561.00 USD.

 

Dycom Industries, Inc. is a provider of specialty contracting services throughout the United States and in Canada. The Company, through its subsidiaries, 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.

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