Imperial Capital Believes Market Outlook Remains Healthy for Orion Marine Group, Inc. - Orion Gr Hldgs (NYSE:ORN)

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In a report published Friday, Imperial Capital analyst Scott Levine reiterated an Outperform rating and $13.00 price target on

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Orion Marine Group, Inc.

(NYSE: ORN).In the report, Imperial Capital noted, "We are maintaining our Outperform rating on ORN shares, with a one-year price target of $13. Our price target is 27% above the recent share price. We expect ORN to benefit from a multi-year uplift in marine construction activity, given its strong asset base, attractive regional footprint, and turnkey construction capabilities. Accordingly, we think the shares offer attractive upside potential at current levels, and should outperform the specialty contractor peer group."Orion Marine Group, Inc. closed on Thursday at $10.26.