Truist Securities Reiterates Buy on Quanta Services, Raises Price Target to $305
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jamie Cook has reiterated a Buy rating on Quanta Services (NYSE:PWR) and increased the price target from $301 to $305.
May 06, 2024 | 12:46 pm
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Truist Securities has reaffirmed its Buy rating on Quanta Services and raised the price target from $301 to $305.
The reiteration of a Buy rating combined with an increased price target usually signals a positive outlook on the stock from the analyst's perspective. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100