Northland analyst Gus Richard raised the firm’s price target on Quanta Services (PWR) to $400 from $354 and keeps a Market Perform rating on the shares after the company reported Q2 earnings ahead of consensus and raised its calendar year 2025 guidance. While the firm lifts estimates following the report, it remains sidelined due to valuation and regulatory risk, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PWR: