tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

MasTec price target raised to $210 from $170 at DA Davidson

DA Davidson raised the firm’s price target on MasTec (MTZ) to $210 from $170 and keeps a Buy rating on the shares after its Q2 earnings beat. The company’s broader business momentum is evident with expectations for further backlog gains, and the firm is positive on MasTec’s broader leverage to today’s energy conundrum as well as its capabilities to support enhancement of data communications, the analyst tells investors in a research note.

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.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1