BMO Capital analyst Ameet Thakkar raised the firm’s price target on Quanta Services (PWR) to $352 from $316 and keeps an Outperform rating on the shares after its Q1 earnings beat. The company’s results were ahead of consensus expectations, but more importantly, Quanta raised its FY25 outlook, with management comments suggesting 2026 is also on very solid ground despite policy uncertainty, the analyst tells investors in a research note.
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Read More on PWR:
- Quanta Services price target raised to $305 from $295 at DA Davidson
- Quanta Services price target raised to $379 from $333 at Baird
- Quanta Services price target raised to $355 from $300 at B. Riley
- Quanta Services Reports Record First Quarter 2025 Results
- Quanta Services Shines in Q1 2025 Earnings Call
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