Goldman Sachs Maintains Buy on Quanta Services, Raises Price Target to $259
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Atidrip Modak maintains a Buy rating on Quanta Services (NYSE:PWR) and raises the price target from $227 to $259.
February 26, 2024 | 5:47 pm
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Goldman Sachs maintains a Buy rating on Quanta Services and increases the price target to $259.
The upgrade in the price target by a reputable analyst like Goldman Sachs typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100