share_log

A Quick Look at Today's Ratings for MasTec(MTZ.US), With a Forecast Between $150 to $173

Futu News ·  Nov 5 21:00  · Ratings

On Nov 05, major Wall Street analysts update their ratings for $MasTec (MTZ.US)$, with price targets ranging from $150 to $173.

TD Cowen analyst Marc Bianchi maintains with a buy rating, and adjusts the target price from $115 to $160.

Truist Financial analyst Jamie Cook upgrades to a buy rating, and sets the target price at $173.

Craig-Hallum analyst Christian Schwab maintains with a buy rating, and sets the target price at $150.

D.A. Davidson analyst Brent Thielman maintains with a buy rating, and adjusts the target price from $125 to $160.

Furthermore, according to the comprehensive report, the opinions of $MasTec (MTZ.US)$'s main analysts recently are as follows:

  • MasTec is showing signs of executing well and is gaining operational momentum. Three out of the company's four segments are exposed to high-growth markets, which are poised to register double-digit growth along with significantly improved margins in the upcoming year. Moreover, there's potential for the fourth segment to exceed expectations in 2026 and the years that follow.

  • The firm has acknowledged MasTec's earnings surpassing expectations, an increase in backlog, robust free cash flow, and elevated guidance.

Here are the latest investment ratings and price targets for $MasTec (MTZ.US)$ from 4 analysts:

StockTodayLatestRating_nn_206084_20241105_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment