Cantor Fitzgerald Initiates Coverage of Sterling Infrastructure (STRL) Stock with an Overweight Rating
Sterling Infrastructure, Inc. (NASDAQ:STRL) is one of the High-Flying Stocks to Buy Right Now. On January 23, Cantor Fitzgerald initiated coverage of the company’s stock with an “Overweight” rating and a price objective of $413, as reported by The Fly. As per the analyst, the broader Engineering & Construction sector is expected to witness a multi-year investment cycle. This is backed by electrification, grid modernization, energy transition initiatives, as well as elevated levels of power demand due to th ...