Barclays Maintains Overweight on MasTec, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adam Seiden has maintained an Overweight rating on MasTec (NYSE:MTZ) and increased the price target from $106 to $130.
May 06, 2024 | 3:58 pm
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Barclays has maintained an Overweight rating on MasTec and raised the price target from $106 to $130.
The upgrade in the price target by Barclays, a major financial institution, reflects a positive outlook on MasTec's future performance. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100