Sterling Infrastructure Inc (NASDAQ: STRL) stock closed at $106.22 on 2/27/24 after a major increase of 18.1%. Moreover, exceptionally high trading volume at 391% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 26.3% during the last week.
Current PriceTarget Research Rating
STRL is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Sterling Infrastructure has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Sterling Infrastructure has a neutral Appreciation Score of 45 but a very high Power Rating of 96, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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