MYR Group, Inc. (MYRG) Misses Q2 EPS by 5c

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Go back to MYR Group, Inc. (MYRG) Misses Q2 EPS by 5c

FBR Capital Downgrades MYR Group (MYRG) to Market Perform

August 8, 2014 6:37 AM EDT

FBR Capital downgraded MYR Group (NASDAQ: MYRG) from Outperform to Market Perform with a price target of $27.00 (from $30.00).

Analyst Alex Rygiel cited: (1) declining labor and equipment utilization as certain large projects come to completion without a smooth transition to new large projects;... More