DA Davidson Maintains Neutral on Quanta Services, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Brent Thielman has maintained a Neutral rating on Quanta Services (NYSE:PWR) while raising the price target from $190 to $225.

February 28, 2024 | 8:16 pm
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DA Davidson has maintained a Neutral rating on Quanta Services but increased the price target from $190 to $225.
The increase in the price target by DA Davidson suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, which might temper some of the positive momentum.
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