MYR Group Inc (MYRG) Downgraded by Keybanc to Sector Weight
Keybanc downgraded MYR Group Inc (MYRG) to Sector Weight from Overweight, reflecting caution about the company's outlook.
MYR Group, Inc. is a holding company, which engages in the provision of electrical construction services. The company is headquartered in Thornton, Colorado and currently employs 8,500 full-time employees. The company went IPO on 2008-09-09. The Company, through its subsidiaries, provides specialty electrical construction services, which serve the electric utility infrastructure, commercial and industrial construction markets. The company operates through two electrical contracting service segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). Its T&D segment provides a range of services on electric transmission and distribution networks, substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services, with a focus on construction, maintenance and repair. The company also provides emergency restoration services in response to, ice storms or other damage. Its C&I segment provides services, such as the design, installation, maintenance and repair of commercial and industrial wiring, the installation of intelligent transportation systems, roadway lighting and signalization in the United States and western Canada.
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Last Updated: Nov 8, 2025, 3:35 PM · Source: Finnhub.io