DA Davidson Starts Everus (ECG) at Buy

DA Davidson analyst Kurt Yinger initiates coverage on Everus (NYSE: ECG) with a Buy rating and a price target of $168.00.

The analyst comments "We are initiating coverage of Everus Construction Group (ECG) with a BUY rating and $168 price target, which represents 18x 2027E EBITDA. ECG is hitting their stride with strengthening bookings, accretive M&A, and improving margins in 2026, which we expect can continue with an attractive large project pipeline. The pending acquisition of Epsilon will be additive to current forecasts with strategic appeal as well. Guidance remains conservative in our view, and we expect will continue to support an upward bias to estimates."

For an analyst ratings summary and ratings history on Everus click here. For more ratings news on Everus click here.

Shares of Everus closed at $129.56 yesterday.

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