MasTec price target raised to $440 from $390 at Clear Street

Clear Street analyst Tim Moore raised the firm’s price target on MasTec (MTZ) to $440 from $390 and keeps a Buy rating on the shares after the company reported “strong” March quarter results and increased its 2026 guidance. MasTec benefits from growth across all four of its segments, notes the analyst, who adds that the investor day coming up on May 12 “could be another catalyst for the continued re-rating.”