Granite to Help Construct Major Enhancements to I-405/Brickyard to SR 527 Corridor Project in Bothell, WA

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Go back to Granite to Help Construct Major Enhancements to I-405/Brickyard to SR 527 Corridor Project in Bothell, WA

Granite Construction (GVA) PT Raised to $70 at DA Davidson

May 2, 2024 4:19 PM EDT

DA Davidson analyst Brent Thielman raised the price target on Granite Construction (NYSE: GVA) to $70.00 (from $64.00) while maintaining a Buy rating.

The analyst comments "We increase our PT to $70 (prev. $64) or 8x/7x 2024/2025 EBITDA estimates (Infrastructure Services peer group medians are 9x/8x,... More