Construction Partners stock rises after outlook hike, DA Davidson lifts target to $130
Construction Partners, Inc. shares edged up 1.2% to $129.13 early Friday, a gain of $1.48 from Thursday’s close. DA Davidson bumped its price target for the road builder to $130 from $120, though left its rating at neutral. Analyst Brent Thielman flagged stronger guidance as a sign of “confidence,” and called out Washington activity, organic growth, and M&A as the next areas to track.