Tutor Perini Is Being Downgraded To Hold Because Of New York Financial Troubles (NYSE:TPC)
JHVEPhoto/iStock Editorial via Getty Images Mega-project construction company Tutor Perini (NYSE:TPC) had a series of negatives earlier this year including a cancellation of a major road project, a loss of an appeal in federal court, and an S&P downgrade of their debt to “B-” from “B+”. But with continued strong cash flow and a $2.95…