Stock Track | Sterling Construction Soars Over 6% in Pre-Market as DA Davidson Upgrades to Buy, Citing Strong Earnings

Stock Track

02/27

Sterling Construction (NASDAQ: STRL) stock surged over 6% in pre-market trading on Thursday following an analyst upgrade and solid earnings results.

DA Davidson analyst Brent Thielman raised his rating on Sterling Construction to Buy from Neutral, while maintaining a price target of $185. The upgrade likely drove increased buying interest in the stock ahead of the market open.

Additionally, Sterling Construction reported robust full-year 2024 earnings on Wednesday, with net income soaring 86% year-over-year and profit margins expanding to 12% from 7% in 2023. Earnings per share of $8.35 exceeded analyst expectations, further boosting investor sentiment towards the construction company.

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Earnings per share of $8.35 exceeded analyst expectations, further boosting investor sentiment towards the construction company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STRL","symbol_name":"Sterling Construction Company In","start_time":0,"source_url":"","article_id":"1160196269","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1160196269","pubTimestamp":1740667710,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Sterling Construction  stock surged over 6% in pre-market trading on Thursday following an analyst upgrade and solid earnings results.DA Davidson analyst Brent Thielman raised his rating on Sterling Construction to Buy from Neutral, while maintaining a price target of $185. 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