Limbach Holdings started with a Buy rating at DA Davidson

|About: Limbach Holdings, Inc (LMB)|By:, SA News Editor

Unfollowed Limbach Holdings (NASDAQ:LMB) becomes less so this morning as DA Davidson's Brent Thielman initiates coverage with a Buy rating and $16.50 price target, suggesting 18% upside.

Attractive bottom- and top-line growth is ahead over the next two years, says Thielman, noting expanding non-residential building markets combining with internal measures aimed at market share gains and an expansion of the profitable Services platform.

Source: TheFly

Previously: Quick idea: This microcap infrastructure play is left behind (Nov. 15)

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