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up 31.99 %

MYR GROUP INC (MYRG) rated Buy with price target $34 by Maxim Group

Posted on: Friday,  Mar 13, 2015  8:25 AM ET by Maxim Group

Maxim Group rated Buy MYR GROUP INC (NASDAQ: MYRG) on 03/13/2015. Previously Maxim Group rated Buy MYR GROUP INC (NASDAQ: MYRG) on
10/01/2009., when the stock price was $20.91. Since then, MYR GROUP INC has gained 31.99% as of 01/05/2016's recent price of $27.60.
If you would have followed the previous Maxim Group's recommendation on MYRG, you would have gained 31.99% of your investment in 2287 days.

MYR Group Inc. is a specialty contractor serving the electrical infrastructure market in the United States. The Company?s operations are conducted by six subsidiaries: The L. E. Myers Co., Harlan Electric Company, Hawkeye Construction, Inc., Great Southwestern Construction, Inc., Sturgeon Electric Company, Inc. and MYR Transmission Services, Inc. The Company through its operating subsidiaries provides utility and electrical construction services with a network of local offices located throughout the continental United States. Its range of services includes design, engineering, procurement, construction, upgrade, maintenance and repair services with a particular focus on construction, maintenance and repair throughout the continental United States. The Company operates through two industry segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I) electrical contracting services.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/13/2015 8:25 AM Buy
29.38 34.00
as of 8/27/2015
1 Week down  -5.70 %
1 Month down  -5.93 %
3 Months down  -8.48 %
1 YTD up  10.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/11/2010 9:25 AM Buy
15.38 21.00
11/11/2009 9:25 AM Buy
15.99 26.00
10/1/2009 8:25 AM Buy
20.91 30.00

(*) Stock Price at the time of the recommendation.
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