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Tutor Perini's share price has surged 169.70% year-to-date, with a one-year total shareholder return of 139.12%. The company's record backlog growth and multi-year revenue predictability have fueled optimism around its longer-term prospects. However, unexpected setbacks on major projects or unresolved legal issues could threaten its momentum. The current analysis suggests that Tutor Perini is undervalued, with a fair value of $89.

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