UBS Maintains Buy on MasTec, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Steven Fisher maintains a Buy rating on MasTec (NYSE:MTZ) and raises the price target from $89 to $92.
February 02, 2024 | 6:57 pm
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POSITIVE IMPACT
UBS analyst Steven Fisher maintains a Buy rating on MasTec and raises the price target from $89 to $92.
The upgrade in the price target by a reputable analyst like Steven Fisher from UBS is a strong positive signal for MasTec. It suggests a bullish outlook on the stock, likely due to anticipated operational performance or market conditions favoring the company. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100