On September 4, Comfort Systems USA rose 3.06% in regular trading, trading at $1616.3 per share, with turnover of $36.69 million.
On the news front, Oppenheimer recently published a research note reaffirming that Comfort Systems USA's core data center customers have shown no indications of pausing, delaying, or reconsidering projects amid the ongoing political and regulatory debate surrounding data center development. The company has received direct reassurances from customers regarding future data center builds not yet reflected in its backlog.
Oppenheimer noted that the company's current business pipeline is even stronger than at the start of the year. Modular capacity expansion is progressing steadily, with 4 million square feet expected by year-end and 5 million square feet by spring of next year. The investment bank maintained its Outperform rating and a $2,090 price target, implying meaningful upside from the current trading level.
Within the Construction & Engineering sector, among individual stocks, MasTec up 0.9%, Sterling Construction up 4.99%, Quanta up 1.34%, Argan up 1.69%, EMCOR Group Inc up 1.68%.
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