Board of Directors Declares $0.06 Per Share Cash Dividend
In recent trading, shares of Primoris Services Corp have crossed above the average analyst 12-month target price of $28.40, changing hands for $28.52/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Storm impact will likely delay industrial work, but not cancel it altogether.
In recent trading, shares of Primoris Services Corp have crossed above the average analyst 12-month target price of $27.50, changing hands for $27.95/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
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Board of Directors Declares $0.055 Per Share Cash Dividend
