7 Analysts Have This To Say About Quanta Services
Portfolio Pulse from Benzinga Insights
7 analysts have recently shared their evaluations of Quanta Services (NYSE:PWR), with opinions ranging from bullish to bearish. The average 12-month price target for PWR has been raised to $249.71, indicating a 13.5% increase from the previous target of $220.00. Analysts from firms including Truist Securities, DA Davidson, Goldman Sachs, Stifel, Evercore ISI Group, and Citigroup have updated their ratings and price targets, reflecting a positive outlook on the company's performance. Quanta Services has shown strong financial indicators such as a 30.96% revenue growth rate, a net margin of 3.65%, and an ROE of 3.44%, outperforming industry averages.
March 14, 2024 | 6:00 pm
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Quanta Services has received positive evaluations from 7 analysts, with an increased average 12-month price target of $249.71. The company's strong financial performance, including a 30.96% revenue growth and a net margin of 3.65%, supports a bullish outlook.
The positive evaluations and increased price targets from analysts indicate a bullish sentiment towards Quanta Services. The company's strong financial performance, including significant revenue growth and profitability, further supports the potential for stock price appreciation in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100