Wolfe Research upgraded MasTec (MTZ) to Outperform from Peer Perform with a $227 price target The firm sees a favorable setup for MasTec with an inflection in gas infrastructure nearing. Data center growth and utility capex remain tailwinds for the company while its renewables and fiber exposure are stable, the analyst tells investors in a research note. Wolfe believes the company will post strong growth in 2026 and beyond.
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>>
Read More on MTZ: