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Canaccord Genuity analyst Robert Burleson maintained a Buy rating on Tutor Perini Corp (NYSE: TPC) yesterday and set a price target of $32. The company’s shares opened today at $19.80, close to its 52-week low of $18.90.
According to TipRanks.com, Burleson is a 5-star analyst with an average return of 12.8% and a 59.5% success rate. Burleson covers the Consumer Goods sector, focusing on stocks such as Ipg Photonics Corp, Faro Technologies, and Cognex Corp.
Currently, the analyst consensus on Tutor Perini Corp is Strong Buy and the average price target is $31.25, representing a 57.8% upside.
In a report released today, B.Riley FBR also maintained a Buy rating on the stock with a $28 price target.
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The company has a one-year high of $31.85 and a one-year low of $18.90. Currently, Tutor Perini Corp has an average volume of 563.3K.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock.
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Tutor Perini Corp. is a civil and building construction company, which offers general contracting; pre-construction planning; and project management services; including the planning and scheduling of the manpower; equipment; materials; and subcontractors required for a project.
