Great Lakes Dredge & Dock (GLDD +2.8%) is started at Outperform by Imperial Capital, which...

|About: Great Lakes Dredge & Dock C... (GLDD)|By:, SA News Editor

Great Lakes Dredge & Dock (GLDD +2.8%) is started at Outperform by Imperial Capital, which says GLDD is positioned to benefit from increased spending for dredging in coming years, driven by a catch-up in maintenance dredging after years of underinvestment and the need to deepen ports for post-Panamax ships once Panama Canal expansion is compete.