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Primoris Services Corporation (NYSE:PRIM) shares face volatility on Friday. This follows a massive two-day sell-off earlier this week. The stock plummeted nearly 50% through Thursday.
• Primoris Services stock is trending lower. Why is PRIM stock trading lower?
Analyst Target Cuts
Wall Street reacted swiftly on Thursday. Wells Fargo maintained an Equal-Weight rating but lowered its price target to $118. Needham kept a Buy rating while dropping its target to $188. Keybanc lowered its target to $137 on Wednesday.
Renewable Segment Struggles
Disappointing first-quarter results sparked …
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