Stock Rating Upgrade
The Value Trend Rating for MYR Group Inc (NASDAQ: MYRG) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
MYR Group Inc (NASDAQ: MYRG) stock declined modestly by -1.8% on 1/31/25. The stock closed at $141.57. This decline was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months but has declined -8.6% during the last week.
Current PriceTarget Research Rating
MYR Group has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. MYR Group has a slightly negative Appreciation Score of 37 and a neutral Power Rating of 56, leading to the Low Neutral Value Trend Rating.
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