Jefferies Initiates Coverage On Quanta Services with Hold Rating, Announces Price Target of $256
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on Quanta Services (NYSE:PWR) with a Hold rating and set a price target of $256.
September 04, 2024 | 3:23 pm
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Jefferies has initiated coverage on Quanta Services with a Hold rating and a price target of $256, indicating a neutral stance on the stock.
The Hold rating suggests that Jefferies sees limited upside potential in the short term for Quanta Services. The price target of $256 provides a specific valuation benchmark, but the Hold rating indicates a neutral stance, suggesting that the stock is fairly valued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100