Granite Construction (GVA) Provides Statement on California Proposition 6 Ballot Measure

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Granite Construction (GVA) PT Raised to $59 at MKM Partners as Proposition 6 Fails

November 7, 2018 9:08 AM EST

MKM Partners analyst Daniel Scott raised the price target on Granite Construction (NYSE: GVA) to $59.00 (from $55.00) while maintaining a Buy rating after proposition 6 fails, removing a major overhang.

Scott commented, "Yesterday in California, a ballot initiative to overturn the state's $55 billion, 10-year... More