Stifel Reinstates Buy on Quanta Services, Announces $212 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott has reinstated Quanta Services (NYSE:PWR) with a Buy rating and set a price target of $212. This indicates a positive outlook for the company's stock.
November 16, 2023 | 5:43 pm
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Quanta Services has been reinstated by Stifel analyst Stanley Elliott with a Buy rating and a price target of $212, suggesting a strong upside potential.
The reinstatement of a Buy rating by a reputable analyst, along with a significant price target, typically generates positive sentiment among investors and can lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100