Keybanc Initiates Coverage On MasTec with Overweight Rating, Announces Price Target of $92
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Sangita Jain has initiated coverage on MasTec (NYSE:MTZ) with an Overweight rating and set a price target of $92 for the company's stock.
January 10, 2024 | 12:57 pm
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POSITIVE IMPACT
MasTec receives an Overweight rating from Keybanc with a price target of $92, indicating a positive outlook from the analyst.
The initiation of coverage by Keybanc with an Overweight rating and a price target of $92 is a strong positive endorsement for MasTec. This could lead to increased investor interest and a potential rise in the stock price in the short term as market participants react to the analyst's positive outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100