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Dycom Industries, Inc. 43.9% Potential Upside Now Implied by FBR & Co.

Dycom Industries, Inc. using SYMBOL/TICKER code NYSE:DY has had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘OUTPERFORM’ yesterday by research analysts at FBR & Co.. Dycom Industries, Inc. are listed in the Basic Industries sector within NYSE. FBR & Co. have set a target price of 115 USD on its stock. This is indicating the analyst believes there is a potential upside of 43.9% from the opening price of 79.92 USD.

 

Dycom Industries, Inc. NYSE:DY has a 50 day moving average of 83.77 USD and the 200 Day Moving Average price is recorded at 79.84 USD. The 1 year high for the share price is 98.45 USD while the year low share price is currently 47.1 USD. Over the last 30 and 90 trading days the company share price has decreased 4.31 points and decreased 15.6 points respectively.

 

Dycom Industries, Inc. is a provider of specialty contracting services throughout the United States and in Canada. The Company, through its subsidiaries, provides program management, engineering, construction, maintenance and installation services for telecommunications providers, underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. The Company provides the labor, tools and equipment necessary to design, engineer, locate, maintain, expand, install and upgrade the telecommunications infrastructure of its customers.

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