D.A. Davidson Maintains Sterling Construction PT, Continues Neutral Rating

D.A. Davidson maintained its Sterling Construction STRL $12 price target and left its Sterling Construction Neutral rating unchanged in a research report published today. In the report, D.A. Davidson states, "Despite our lower estimates, we are maintaining our price target of $12 based on long-term earnings potential and the prospect for a market turnaround in 2012 and beyond." Shares of Sterling Construction were trading at $10.79 at the time of posting, down 12.28% from Wednesday's market close.