Truist Securities Maintains Hold on MasTec, Raises Price Target to $133
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on MasTec (NYSE:MTZ) while raising the price target from $112 to $133, indicating a positive outlook on the company's stock.
October 09, 2024 | 4:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Truist Securities has maintained a Hold rating on MasTec (NYSE:MTZ) and increased the price target from $112 to $133, suggesting a more optimistic view on the stock's potential.
The increase in the price target from $112 to $133 by Truist Securities indicates a positive reassessment of MasTec's future performance, which could lead to a short-term increase in stock price as investors react to the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100