TD Cowen Maintains Outperform on MasTec, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Marc Bianchi maintains an Outperform rating on MasTec (MTZ) and raises the price target from $85 to $105.
March 04, 2024 | 12:27 pm
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POSITIVE IMPACT
TD Cowen has maintained an Outperform rating on MasTec and increased the price target from $85 to $105.
The upgrade in price target by a reputable analyst like Marc Bianchi from TD Cowen is a strong positive signal for MasTec. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This kind of analyst action often leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100