Duratec (ASX:DUR) is expected to see a big year this year in terms of newsflow with potential "significant" contract wins, according to Euroz Hartleys in a Friday note.
Possible coming opportunities for the company include HMAS Stirling works to provide marine infrastructure upgrades and nuclear compliant control facilities in joint venture with Ertech, Learmonth Fuel and industrial infrastructure packages, Perth Airport infrastructure works, as well as several large-scale facade contracts in several states.
Some of the works may be awarded as early contractor involvement packages in the first instance.
The investment firm maintained its buy rating on Duratec and raised its price target to AU$2.57 from AU$2.33.
Duratec's shares added about 1% in recent Friday trade.