Unveiling 14 Analyst Insights On MasTec
Portfolio Pulse from Benzinga Insights
In the last three months, 14 analysts have provided diverse ratings on MasTec (NYSE:MTZ), with a current average 12-month price target of $92.36, reflecting a 22.25% increase from the previous target. The ratings range from bullish to indifferent, with recent actions including upgrades and new targets set by firms such as Citigroup and Barclays. MasTec, a leading infrastructure construction company, has shown a revenue growth of 9.03% but faces challenges with below-average net margin, ROE, ROA, and a high debt-to-equity ratio.
April 22, 2024 | 9:00 pm
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MasTec has received diverse analyst ratings with a significant upward revision in the 12-month price target, indicating a bullish outlook despite operational challenges.
The upward revision in MasTec's price target by multiple analysts suggests a positive short-term outlook for the stock. However, the operational challenges such as below-average profitability metrics and high debt levels may temper the optimism. The diverse ratings and significant price target increase reflect analysts' belief in the company's growth potential, which could drive investor interest and potentially boost the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100