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.
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.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below.
If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener:
http://www.thestreet.com/k/qr/flat/stock-screener.html
Upgrades: BUFF, PRIM, QTRH, RGEN, WBT
Downgrades: AGM, AHC, BHB, CLSD, EVK, GTIM, MLNX, OBCI
Initiations: None
Read on to get TheStreet Quant Ratings' detailed report: