Oppenheimer Initiates Outperform Rating on Primoris Services Amid Sharp Share Price Decline
Primoris Services (PRIM) has been assigned an 'Outperform' rating with a $135 price target by Oppenheimer, following a more than 50% decline in its stock from recent highs due to execution challenges. The firm highlights the company's high exposure as a key factor.
Tickers: $PRIM
Topics: price target stock rating