Stifel Maintains Buy on MasTec, Raises Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott has maintained a Buy rating on MasTec (NYSE:MTZ) and increased the price target from $70 to $84, indicating a positive outlook on the company's stock.
December 19, 2023 | 3:47 pm
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Stifel analyst Stanley Elliott reaffirmed a Buy rating on MasTec and raised the price target to $84, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a bullish outlook on the stock, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100