Truist Securities Reiterates Buy on Quanta Services, Raises Price Target to $319
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has reiterated its Buy rating on Quanta Services (NYSE:PWR) and raised the price target from $305 to $319.
August 05, 2024 | 2:09 pm
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Truist Securities has reiterated its Buy rating on Quanta Services and raised the price target from $305 to $319, indicating confidence in the company's future performance.
The reiteration of a Buy rating and an increased price target from a reputable analyst firm like Truist Securities is a strong positive signal for investors. It suggests that the firm has confidence in Quanta Services' future performance, which is likely to drive short-term stock price appreciation.
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IMPORTANCE 80
RELEVANCE 100