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MYR Group upgraded to Outperform from Perform at Kansas City Capital

MYR Group upgraded to Outperform from Perform at Kansas City Capital

Kansas City Capital upgraded MYR Group (MYRG) to Outperform from Perform with a $143 price target MYR remains well positioned to support the energy transition and the increasing demand for electricity, though the share price has declined about 25% from December 2024 highs, notes the analyst, who sees 16% upside potential given the improved profitably seen in Q4 and expectations for 2025.

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