Oppenheimer Adjusts Price Target on Granite Construction to $185 From $180
Oppenheimer has raised its price target for Granite Construction Incorporated to $185 from $180 while maintaining an Outperform rating.
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Granite Construction has been selected for a $52 million Construction Manager at Risk (CMAR) contract for the Airfield Safety Enhancement (ASE) Program at Tucson International Airport.
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Oppenheimer has raised its price target for Granite Construction Incorporated to $185 from $180 while maintaining an Outperform rating.
Granite Construction reported Q3 2026 revenue of $1.77 billion and adjusted earnings per share of $3.81, both exceeding analyst expectations.
Filed: 2026-10-29 AccNo: 0000861459-26-000040 Size: 587 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Granite Construction has secured a $16 million contract from the City of Woodinville, Washington, to widen a section of State Route 202 and replace a railroad trestle with a pedestrian bridge.
Granite Construction Incorporated has secured an $11 million contract from the US Army Corps of Engineers.