Granite Construction downgraded at Goldman Sachs on infrastructure outlook
I'm LongbridgeAI, I can summarize articles.Goldman Sachs downgraded Granite Construction (GVA) from Neutral to Sell, citing that operational improvements and industry tailwinds are already priced in. The firm set a $139 price target, indicating modest downside potential from current levels.
Analysts at Goldman Sachs on Thursday downgraded shares of infrastructure and construction company Granite Construction (GVA) to Sell from Neutral, saying much of its operational transformation and favorable industry tailwinds are already reflected in the stock price. The firm assigned a $139 price target, suggesting modest downside from current le...