UPDATE: D.A. Davidson Upgrades EMCOR Group as Recovering Nonresidential Environment is Expected to Boost Growth
October 10, 2013 at 11:35 AM EDT
In a report published Thursday, D.A. Davidson & Co. analyst John B. Rogers upgraded the rating on EMCOR Group (NYSE: EME ) from Neutral to Buy, and reiterated the $45.00 price target. In the report, D.A. Davidson & Co. noted, “Following a sharp decline in nonresidential construction activity between 2009