Analysts Offer Insights on Industrial Goods Companies: Dycom (DY) and Stoneridge (SRI)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Dycom (DY – Research Report) and Stoneridge (SRI – Research Report).

Dycom (DY)

Wells Fargo analyst Eric Luebchow maintained a Hold rating on Dycom today and set a price target of $105.00. The company’s shares closed last Thursday at $97.09.

According to TipRanks.com, Luebchow is a 2-star analyst with an average return of 0.3% and a 44.4% success rate. Luebchow covers the Financial sector, focusing on stocks such as DigitalBridge Group, SBA Communications, and Digital Realty.

Dycom has an analyst consensus of Strong Buy, with a price target consensus of $115.50.

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Read More on DY:

• Dycom rises 23.9%
• Dycom rises 15.8%
• Dycom sees Q1 contract revenue up mid-to high-single digits, consensus $906.87M
• Dycom Industries, Inc. Announces Fiscal 2023 Fourth Quarter and Annual Results
• Dycom reports Q4 EPS 83c, consensus 13c