Dycom Industries, Inc. Expands its Credit Agreement Capacity to $800 Million
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FBR Capital Raises Price Target on Dycom Industries (DY) to $115 Following 3Q EPS Beat
May 25, 2016 2:12 PM EDTFBR Capital reiterated an Outperform rating on Dycom Industries (NYSE: DY), and raised the price target to $115.00 (from $100.00), following the company's 3Q earnings report. Dycom reported an adjusted EPS of $1.08, ahead of the consensus of $0.74. F4Q16 guidance implies FY16 EPS of $4.30$4.45.
Analyst Alex Rygiel commented, "Last night, after the close, Dycom Industries, an FBR Alpha Generator, announced a... More
