Baird Maintains Neutral on MasTec, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Andrew Wittmann maintains a Neutral rating on MasTec (MTZ) and raises the price target from $89 to $110.

May 06, 2024 | 10:49 am
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Baird analyst Andrew Wittmann maintains a Neutral rating on MasTec but raises the price target from $89 to $110.
The increase in price target by Baird 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, balancing the potential for significant price movement.
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