Matrix Service (MTRX +4.9%) is upgraded to Overweight by First Analysis, which says many of the...

|About: Matrix Service Company (MTRX)|By:, SA News Editor

Matrix Service (MTRX +4.9%) is upgraded to Overweight by First Analysis, which says many of the factors that hurt FQ4 results are temporary. The firm says MTRX, which supplies above-ground storage tanks and aftermarket tank products, is positioned to capture energy and chemical infrastructure construction growth, gain share through geographic expansion, and improve profitability.