Dycom maintained at Overweight by Keybanc
Keybanc maintained Dycom at Overweight and raised its price target to $429 from $423, according to Benzinga.
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DY earnings beat but Q3 adjusted guidance midpoint trails estimates
Dycom (DY) reported Q2 adjusted earnings of $5.29 vs $4.72 estimate. Contract revenue rose to $2.01B. Q3 adjusted earnings guidance midpoint of $4.56 sits below $4.79 estimate; Q3 revenue view $1.90B-$1.98B vs $1.94B.
Keybanc maintains Dycom at Overweight
Keybanc reiterated an Overweight rating for Dycom.