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Granite Construction, Inc. (GVA) Maintains A Hold Rating

Analyst Kalpesh Patel at Jefferies & Company, Inc. has maintained a Hold rating for Granite Construction, Inc. (NYSE: GVA).

The company reported EPS of $0.41 for the fourth-quarter, higher than Jefferies’ estimate of $0.37, and consensus estimate of $0.28.According to Jefferies, the company has been able to maintain strong project execution while tightening managing costs.

Jefferies has set a price target of $34 for the Granite Construction, Inc. stock.

Posted-In: Inc. Jefferies & Company Kalpesh PatelAnalyst Color Earnings News Markets Analyst Ratings

 

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