Roth Capital raised the firm’s price target on MasTec (MTZ) to $450 from $350 and keeps a Buy rating on the shares. The firm cites the company’s Q1 earnings beat, raised 2026 guide, and backlog reaching a record high of $20 billion, along with the CEO highlighting that business momentum across all segments is the strongest he has seen since becoming CEO in 2007, the analyst tells investors in a research note.
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