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B. Riley sees positive momentum at Bowman Consulting, sector

B. Riley sees positive momentum at Bowman Consulting, sector

B. Riley assumed coverage of Bowman Consulting (BWMN) with a Buy rating and $33 price target The firm expects several underlying drivers to create positive momentum in the sector, including rapidly increasing demand for high-powered AI data centers and funding from federal and state infrastructure programs, the analyst tells investors in a research note.

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