JP Morgan Initiates Coverage On MasTec with Overweight Rating, Announces Price Target of $153
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has initiated coverage on MasTec with an Overweight rating and set a price target of $153.
October 07, 2024 | 1:45 pm
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JP Morgan has initiated coverage on MasTec with an Overweight rating and a price target of $153, indicating a positive outlook on the stock.
The Overweight rating and a price target of $153 from a major financial institution like JP Morgan suggests a strong positive sentiment towards MasTec's stock. This is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100