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Buy $25.50

Dycom Industries, Inc. (NYSE: DY) reiterated to Buy with price target $25.50 by Stifel Nicolaus

Thursday,  Feb 28, 2013  9:25 AM ET by Dave Ficere

Stifel Nicolaus reiterated Dycom Industries, Inc. (NYSE: DY) to Buy with price
target $25.50. Previously Stifel Nicolaus rated Buy with price target $22 Dycom Industries, Inc. (NYSE: DY) on 11/21/2012, when the stock price was $17.70.

Dycom Industries, Inc. (Dycom) is a provider of specialty contracting services. These services are provided throughout the United States. It include engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities including telecommunications providers, and other construction and maintenance services to electric utilities and others. Dycom also provides services on a limited basis in Canada.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.



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