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Enter Symbol:
Rating: GVA
Buy $50

Granite Construction Incorporated (NYSE: GVA) rated to Buy with price target $50 by Stifel

Wednesday,  Dec 9, 2015  8:25 AM ET by Dave Ficere

Stifel rated Granite Construction
Incorporated (NYSE: GVA) to Buy with price target $50.

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.

Stifel



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