GRANITE CONSTRU (GVA) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of GRANITE CONSTRU (GVA) from UNDERPERFORM to NEUTRAL on July 17, 2012, with a target price of $27.30.

Granite Construction, Inc. is a diversified heavy civil constractor and construction materials producer. The Company concentrates on ifrastructure projects including roads, bridges, dams, tunnels, canals and rapid transit facilities. The Company also manufactures asphalt, concrete base rock and other construction materials. The Company has offices in Arizona, Nevada, Utah, Texas, Georgia and California.

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