Price Target Lowered; Estimates Lowered
Orion Group Holdings (NYSE: ORN) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “View CFO Departure As Not Related To Company Fundamentals; We Lower Estimates On Expected Lower Utilization Rates In The Coming Quarters; Lower Target To $7 (From $8).”
About Orion Group Holdings, Inc.
Orion Group Holdings, Inc., a leading specialty construction company serving the infrastructure, industrial and building sectors, provides services both on and off the water in the continental United States, Alaska, Canada and the Caribbean Basin through its marine segment and its concrete segment. Please visit www.OrionGroupHoldingsInc.com.
About Sidoti & Company, LLC
For over two decades, Sidoti has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm’s approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America, including many leading managers of portfolios with $200 million to $2 billion of AUM. Sidoti promotes meaningful interaction between issuers and investors through its conferences (www.sidoti.com/events) and the hundreds of non-deal roadshows hosted each year.
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