UBS Maintains Buy on MasTec, Lowers Price Target to $119
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Steven Fisher has maintained a 'Buy' rating on MasTec (NYSE:MTZ) but lowered the price target from $136 to $119.
August 21, 2023 | 11:59 am
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UBS analyst has maintained a 'Buy' rating on MasTec but lowered the price target from $136 to $119.
The news is directly related to MasTec. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential slowdown in growth or increased risk, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100