Stifel analyst Brian Brophy raised the firm’s price target on Quanta Services (PWR) to $495 from $475 and keeps a Buy rating on the shares. Quanta Services Q3 results were above expectations, and the firm believes recent project announcements highlight the company’s differentiated scale and solutions-based approach, the analyst tells investors.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PWR:
- Quanta Services price target raised to $517 from $469 at Jefferies
- Quanta Services price target raised to $548 from $521 at Truist
- Quanta Services’ Earnings Call: Strong Growth Amid Challenges
- Quanta Services price target raised to $480 from $410 at Evercore ISI
- Quanta Services price target raised to $540 from $470 at Argus