Analyst Expectations For MasTec's Future
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on MasTec (NYSE:MTZ), with recent ratings showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 13.35% to $136.36. Analysts have raised their price targets, reflecting positive expectations despite MasTec's financial challenges, such as lower net margins and high debt-to-equity ratio.
October 23, 2024 | 4:00 pm
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MasTec has received mixed analyst ratings, with a recent increase in the average 12-month price target to $136.36, up 13.35%. Analysts have raised their price targets, indicating optimism despite financial challenges like low net margins and high debt levels.
The increase in the average price target and the majority of analysts raising their targets suggest a positive short-term outlook for MasTec. Despite financial challenges, the raised targets indicate confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100