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KeyBanc Capital Markets announced Dycom Industries (NYSE:DY), raising its target price to $11.00 today

Yesterday Dycom Industries (NYSE:DY) traded 0.55% higher at $99.14. The company’s 50-day moving average is $83.36 and its 200-day moving average is $89.69. The last closing price is up 0.03% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time period. 446,393 shares of DY traded hands, down from an average trading volume of 660,971

Dycom Industries (NYSE:DY) had its target bumped up to $11.00 by KeyBanc Capital Markets in a report released 11/21/2017. The new target price indicates a potential downside of -0.89% from the company's last closing price.

Previously on 11/20/2017, B. Riley FBR reported on Dycom Industries (NYSE:DY) increased the target price from $87.83 to $98.00. At the time, this indicated a possible upside of 0%.

Recent Performance Chart

Dycom Industries (NYSE:DY)

Dycom Industries has 52 week low of $70.33 and a 52 week high of $110.64 with a P/E ratio of 18.23 and has a market cap of $0.

In addition to KeyBanc Capital Markets reporting its target price, a total of 7 firms have reported on the stock. The consensus target price is $91.00 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Dycom Industries (NYSE:DY)

Dycom Industries, Inc. is a provider of specialty contracting services throughout the United States and in Canada. The Company, through its subsidiaries, provides program management, engineering, construction, maintenance and installation services for telecommunications providers, underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. The Company provides the labor, tools and equipment necessary to design, engineer, locate, maintain, expand, install and upgrade the telecommunications infrastructure of its customers. The Company also provides tower construction, lines and antenna installation, and foundation and equipment pad construction for wireless carriers, as well as equipment installation and material fabrication, and site testing services. The Company's subsidiaries include CertusView Technologies, LLC and Dycom Investments, Inc.

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