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Dycom Shares Rise 3.5% Following Acquisition of Power Solutions

DATA AND AI INFRASTRUCTURE

Dycom's shares rose 3.5% following its acquisition of Power Solutions, which expands its revenue into the data center sector. KeyBanc and Wells Fargo raised their price targets to $426 and $360, respectively, as the company reported mixed quarterly results but exceeded expectations in revenue, EBITDA, and EPS. Year-to-date, Dycom's stock has increased by 8.6%, reaching a new 52-week high.

Dycom Shares Rise 3.5% Following Acquisition of Power Solutions
Jan 19, 2026, 1:49 PM

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