KeyBanc raised the firm’s price target on MasTec (MTZ) to $236 from $205 and keeps an Overweight rating on the shares. The firm maintains MasTec is in the early innings of a revamped growth story, supported by improved execution and momentum in Telecom and Pipeline Infrastructure. Despite strong performance, shares trade at a discount to peers. KeyBanc expects continued momentum in Communications, Pipelines and Power Delivery, with Clean Energy backlog and improved pricing supporting visibility into 2026-2027.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTZ: