MKM Partners Starts Tutor Perini Corporation (TPC) at Neutral

MKM Partners initiates coverage on Tutor Perini Corporation (NYSE: TPC) with a Neutral rating and a price target of $23.00.

Analyst Daniel Scott commented, "We are initiating coverage of the broader Engineering & Construction space with a neutral bias and with TPC specifically with a Neutral rating. TPC is an infrastructure and civil-focused construction company and has three main components: Civil (highways, tunnels), Building (hotels, casinos, offices, residential), and Specialty Construction. Predominantly U.S.-focused, the company has grown through targeted acquisitions, particularly in its Specialty Contractors segment, and has a long history of building infrastructure, hotels and casinos in the U.S."

For an analyst ratings summary and ratings history on Tutor Perini Corporation click here. For more ratings news on Tutor Perini Corporation click here.

Shares of Tutor Perini Corporation closed at $21.83 yesterday.

You May Also Be Interested In

• BofA Securities Starts GE Vernova (GEV) at Neutral, 'Multiyear turnaround amid positive demand backdrop'
• Amphenol (APH) PT Raised to $130 at Evercore ISI, Remains Top Pick
• SL Green Realty (SLG) PT Lowered to $45 at Jefferies