Lake Street analyst Robert Brown says NV5’s analyst day increased the firm’s confidence in the company’s ability to realize its organic growth targets of 6%-10% through cross-selling efforts and focus on high-growth verticals. The firm, which believe sa $1.5B-plus goal is realistic by 2028 through a combination of 7% organic growth and $200M in acquired revenue, maintains a Buy rating and $165 price target on NV5 shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVEE:
- NV5 Awarded $10 Million in North Carolina Department of Transportation Infrastructure Contracts
- NV5 Global awarded $10M in NCDOT contracts
- NV5 Global awarded $5M NOAA contract for Lake Michigan survey
- NV5 Awarded $5 Million NOAA Contract for Lake Michigan Geospatial Hydrographic Survey
- NV5 to Host 2024 Investor Day: The Nexus of Engineering and Technology on Thursday, July 25th