Baird Maintains Neutral on MasTec, Raises Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Andrew Wittmann has maintained a Neutral rating on MasTec (NYSE:MTZ) and increased the price target from $70 to $89.

March 04, 2024 | 12:06 pm
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Baird analyst Andrew Wittmann maintains a Neutral rating on MasTec but raises the price target from $70 to $89.
The increase in price target from $70 to $89 by Baird reflects a positive outlook on MasTec's valuation, potentially leading to increased investor interest and a positive short-term impact on the stock price. However, the Neutral rating suggests that the analyst sees limited upside beyond the new target, balancing the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100