UniTek Global Services (NASDAQ:UNTKD) Growth Outlook Appears Strong

UniTek Global Services (NASDAQ:UNTKD) appears positioned for solid growth in 2011 based on several factors.

FBR noted, "UniTek is one of our favorite small-cap communication pure-play specialty contractors. We believe that investors will gain increased confidence in the outlook for UniTek over the coming months and quarters based on: (1) 4Q financial results and 2011 guidance reconfirming a strong growth outlook; (2) additional clarity on potential upside from Sprint's (NYSE:S) recently announced "Network Vision" capital investment program; (3) clarity on the AT&T (NYSE:T) mini-turf opportunity; (4) additional rural broadband awards; (5) the start of meaningful activity for LightSquared; (6) possible market share gains within the fulfillment segment."

FBR Capital maintains an "Outperform" on UniTek Global Services, which closed Wednesday at $9.74, up $0.84, or 9.44 percent. They have a price target of $18 on them.