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MasTec price target raised to $198 from $181 at Stifel

Stifel analyst Brian Brophy raised the firm’s price target on MasTec (MTZ) to $198 from $181 and keeps a Buy rating on the shares. Q2 results largely exceeded expectations, Q3 guidance was above expectations and 2025 guidance was broadly raised, notes the analyst, who views the post-earnings dip as “a buying opportunity.”

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