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Cantor Fitzgerald Maintains Neutral on Primoris Services, Raises Price Target to $105

Benzinga Newsdesk

Cantor Fitzgerald analyst Manish A. Somaiya maintains Primoris Services (NYSE:PRIM) with a Neutral and raises the price target from $100 to $105.

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    Bragar Eagel & Squire, P.C. Urges Primoris Services Corporation (NYSE:PRIM) Investors to Contact the Firm Regarding Lead Plaintiff Role Before September 21st

    A class action lawsuit has been filed against Primoris Services Corporation for allegedly making false statements about its cost estimation and project management processes for renewable energy projects. The company significantly reduced its financial guidance twice in 2026, with stock prices falling 50% on May 6 and an additional 21.6% on June 22, resulting in investor losses.

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  2. SEC EDGAR

    8-K filing — Primoris Services Corp (PRIM)

    Filed: 2026-08-31 AccNo: 0001361538-26-000030 Size: 228 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits

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  3. Kahn Swick & Foti, Llc

    Primoris Services Corporation Notice of September 21, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline

    Kahn Swick & Foti, LLC announces a class action securities lawsuit against Primoris Services Corporation for allegedly failing to disclose material information about substantial challenges, cost overruns, and project delays affecting six renewable energy projects. On June 22, 2026, Primoris disclosed these issues and reduced its 2026 guidance, causing a 22% stock price decline. Investors who purchased shares between August 5, 2025 and June 22, 2026 can apply to be lead plaintiff by September 21, 2026.

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