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Orion Marine Group Rating Increased to Buy at Zacks (ORN)

Posted on August 17, 2015

By Masoud Bidgoli, Mideast Times

Zacks upgraded shares of Orion Marine Group (NYSE:ORN)from a hold rating to a buy rating in a research note issued toinvestors on Monday, AnalystRatings.Net reports. Zackscurrently has $8.25 target price on the stock.

According to Zacks, “ORION MARINE GROUP, INC. provides a broad range of marine construction and specialty services on, over and under the water along the Gulf Coast, the Atlantic Seaboard and theCaribbean Basin and acts as a singlesource turnkey solution for its customers’ marine contracting needs. Its heavy civil marine construction services include marine transportation facility construction, dredging, repair and maintenance, bridge building, marine pipeline construction, as well as specialty services. Its specialty services include salvage, demolition, diving, surveying, towing and underwater inspection, excavation and repair. The Company is headquartered in Houston, Texas and has a 70-year legacy of successful operations. “


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