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.
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