MasTec Inc (MTZ) has disclosed a new risk, in the Capital Markets category.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
MasTec Inc. faces significant business risks due to recent U.S. trade policies and tariffs, which have increased the cost of importing essential construction materials like steel, concrete, and solar panels. The retaliatory actions by other countries have further disrupted international trade and supply chains, creating uncertainty in financial markets. This situation could lead to increased costs for key construction equipment and materials, potentially causing clients to reduce capital expenditures. Additionally, the potential for increased inflation and its impact on interest rates and currency values could further harm MasTec Inc.’s business, financial condition, and operational results.
Overall, Wall Street has a Strong Buy consensus rating on MTZ stock based on 14 Buys and 1 Hold.
To learn more about MasTec Inc’s risk factors, click here.