Goldman Sachs Maintains Neutral on MasTec, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta maintains a Neutral rating on MasTec (NYSE:MTZ) but raises the price target from $115 to $130.

October 09, 2024 | 2:49 pm
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Goldman Sachs has maintained a Neutral rating on MasTec but increased the price target from $115 to $130, indicating a positive outlook on the stock's potential.
The increase in price target from $115 to $130 by Goldman Sachs suggests a positive outlook for MasTec's stock, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may view the raised target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100