Goldman Sachs Maintains Neutral on MasTec, Raises Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta maintains a Neutral rating on MasTec (NYSE:MTZ) but raises the price target from $88 to $109.
May 28, 2024 | 3:44 pm
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Goldman Sachs has maintained a Neutral rating on MasTec but increased the price target from $88 to $109, indicating a positive outlook despite the neutral stance.
The increase in the price target from $88 to $109 by Goldman Sachs suggests a positive outlook for MasTec's future performance. Although the rating remains Neutral, the higher price target indicates that the analyst sees potential for growth, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100