Goldman Sachs Downgrades MasTec to Neutral, Announces $54 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta has downgraded MasTec (NYSE:MTZ) from Buy to Neutral and set a price target of $54.
November 08, 2023 | 10:28 am
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NEGATIVE IMPACT
Goldman Sachs has downgraded MasTec from Buy to Neutral, potentially impacting the stock's performance.
Analyst ratings can significantly influence a stock's performance. The downgrade from Buy to Neutral by Goldman Sachs may lead to a decrease in investor confidence in MasTec, potentially causing the stock price to drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100