Dycom price target raised to $205 from $172 at B. Riley

B. Riley raised the firm’s price target on Dycom to $205 from $172 and keeps a Buy rating on the shares. The company’s Q1 report included organic revenue growth and solid margin expansion, the analyst tells investors in a research note. The firm says Dycom is entering seasonally stronger quarters and its two large customers are expected to re-accelerate spending after a slow start earlier in the year.