MYR GROUP INC (MYRG) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of MYR GROUP INC (MYRG) from NEUTRAL to UNDERPERFORM on June 04, 2013, with a target price of $19.10.

MYR GROUP INC. is a holding Company of specialty construction service providers. Through subsidiaries dating back to 1891, MYR is one of the largest national contractors servicing the transmission and distribution sector of the United States electric utility industry. Transmission and distribution customers include electric utilities, cooperatives and municipalities. The Company also provides commercial and industrial electrical contracting services to facility owners and general contractors in the Western United States. MYR Group's comprehensive services include turn-key construction and maintenance services for the nation's electrical infrastructure.

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