Roth Capital raised the firm’s price target on Quanta Services (PWR) to $600 from $500 and keeps a Buy rating on the shares after its “strong” Q4 results and outlook. The company continues to beat expectations with its strong execution resulting in impressive earnings growth and free cash flow generation, the analyst tells investors in a research note. Quanta has visibility through 2030 and the company continues to compound growth and deploy capital well, Roth adds.
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