Tutor Perini unit WDF announces four projects valued at $145M Tutor Perini announced four new projects in New York City for its subsidiary, WDF, collectively valued at more than $145M. WDF is a leading specialty contractor in the New York region, providing mechanical, electrical, plumbing, and fire protection systems design and construction services to government agencies and commercial clients.
Tutor Perini added to Top Picks list at FBR Capital FBR Capital added Tutor Perini to its Top Picks list citing the recent weakness in the stock and reiterates an Outperform rating on the name. FBR thinks cash flow from the MGM/CityCenter settlements significantly improves Tutor's balance sheet. It has a $38 price target for the name.