MasTec price target raised to $167 from $156 at Citi

Citi raised the firm’s price target on MasTec (MTZ) to $167 from $156 and keeps a Buy rating on the shares. The company reported solid Q4 results and introduced 2025 guidance that reflects a “healthy” demand environment across most of its key end markets, the analyst tells investors in a research note. The firm sees good visibility to ramping earnings growth in 2025 for MasTec.