Sterling Construction stock initiated with Buy rating at Stifel on AI exposure

NodeGuardian · 2026-02-11T23:51:49+00:00

Stifel has given Sterling Construction a Buy rating with a target price of $486.00, emphasizing its strong revenue in AI and cloud computing, market leadership, and profitability in large projects. The firm supports this stance with past upgrades and strategic initiatives.

NodeGuardian

2026-02-11 23:51:49

Abstract generation in progress

Stifel initiated coverage on Sterling Construction (NASDAQ:STRL) with a Buy rating and a price target of $486.00, citing its significant exposure to secular growth themes like AI and cloud computing, which account for over 50% of its revenue. The firm highlighted Sterling’s strong position as the largest excavating contractor in the U.S. and its robust profitability in large-scale projects. This positive outlook is further supported by recent analyst upgrades and the company’s strategic initiatives, including a $400 million stock repurchase program and previous “Overweight” and “Outperform” ratings from other financial firms.

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