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Cantor Fitzgerald Reiterates Overweight on Sterling Infrastructure, Maintains $742 Price Target

Sep 30, 2026, 10:34 AMBenzinga Newsdesk

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Source: benzinga
Observed: Sep 30, 2026, 10:34 AM
Checked: Sep 30, 2026, 10:34 AM
Cadence: Captured once, then retained as an archive reference
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BenzingaOct 6, 2026, 6:05 PMBenzinga Newsdesk
Shares of data center infrastructure-related companies are trading higher after Google and Constellation energy announced a 20-year partnership to bring 890 MW of nuclear power online, which helps underpin strong demand for future compute buildout. Also, Baird initiating coverage of Modine Manufacturing with an Outperform rating and a $300 price target further supports the sector.
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8-K filing — STERLING INFRASTRUCTURE, INC. (STRL)
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BenzingaOct 2, 2026, 7:02 PMBenzinga Newsdesk
Shares of data center infrastructure-related companies are higher amid catalysts including Broadcom's plans to finance up to $60 billion of chips for Anthropic and reports suggesting Samsung may raise HBM prices threefold in 2027, both of which support strong demand the AI buildout. Also, a pullback in Fed rate hike bets provides a tailwind for highly leveraged, interest rate-exposed stocks.
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