Cardinal Infrastructure Group (NASDAQ:CDNL) Coverage Initiated by Analysts at DA Davidson

DA Davidson started coverage on shares of Cardinal Infrastructure Group (NASDAQ:CDNL) in a report issued on Tuesday morning, MarketBeat.com reports. The firm issued a buy rating and a $30.00 target price on the stock.

Cardinal Infrastructure Group Stock Up 1.4%

Shares of CDNL stock opened at $26.82 on Tuesday. Cardinal Infrastructure Group has a 52-week low of $21.98 and a 52-week high of $29.75.

Cardinal Infrastructure Group Company Profile

We provide a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets. Our operations leverage a large highly skilled workforce and a fleet of specialized equipment to deliver wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. We are becoming the platform of choice for a diverse array of infrastructure construction projects in our target geographies that require high-level technical expertise and sophistication.