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Enter Symbol:
 
Granite Construction Incorporated (GVA) [hlAlert]

Rating:
Buy GVA
down 14.22 %

Granite Construction Incorporated (GVA) rated Buy with price target $50 by Maxim Group

Posted on: Tuesday,  Nov 24, 2015  8:25 AM ET by Maxim Group

Maxim Group rated Buy Granite Construction Incorporated (NYSE: GVA) on 11/24/2015, when the stock price was $39.59. Since
then, Granite Construction Incorporated has lost 14.22% as of 12/11/2015's recent price of $33.96.
If you would have followed this Maxim Group's recommendation on GVA, you would have lost 14.22% of your investment in 17 days.

Granite Construction Inc. (Granite) is a heavy civil contractor and a construction materials producer. The Company is engaged in the construction of highways, dams, airport infrastructure, mass transit facilities, real estate site development and other infrastructure related projects. The Company operates nationwide, serving both public and private sector clients. Within the public sector, it primarily focuses on infrastructure projects, including the construction of roads, highways, bridges, dams, canals, mass transit facilities and airport infrastructure. Within the private sector, it performs site preparation and infrastructure services for residential development, commercial and industrial buildings, plants and other facilities. It owns and leases substantial aggregate reserves and own a number of construction materials processing plants. The Company also have a contractor-owned heavy construction equipment fleets in the United States.

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
11/24/2015 8:25 AM Buy
None
39.59 50.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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