MYR Group (MYRG) Misses Q4 EPS by 2c

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FBR Capital Raises Price Target on MYR Group (MYRG) Following an In-Line 4Q

March 7, 2016 4:57 PM EST

FBR Capital reiterated a Market Perform rating on MYR Group (NASDAQ: MYRG), and raised the price target to $27.00 (from $25.00), following the company's 4Q earnings report. MYRG reported 4Q15 EPS of $0.29 (vs. $0.66 in 4Q14), modestly below the consensus of $0.31. The company remains focused on returning capital to shareholders and... More