JPMorgan raised the firm’s price target on Quanta Services (PWR) to $392 from $345 and keeps a Neutral rating on the shares as part of a Q2 preview for the engineering, procurement, and construction management clean energy sector. The firm believes end market demand remains strong and it remains constructive on both second half of 2025 earnings and order activity.
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Read More on PWR:
- Quanta Services price target raised to $440 from $370 at BofA
- Quanta Services Positioned for Growth Amid Rising Utility Infrastructure Investments and Outsourcing Trends
- Quanta Services downgraded to Market Perform from Outperform at BMO Capital
- Quanta Services price target raised to $411 from $363 at Stifel
- Quanta Services initiated with a Neutral at Seaport Research
