Clear Street on MasTec (MTZ): 'The stock price presents a compelling entry point, in our view', Buy, PT $290

Clear Street analyst Tim Moore reiterated a Buy rating and $290.00 price target on MasTec (NYSE: MTZ).

The analyst comments "The stock price presents a compelling entry point, in our view. We expect the stock to re-rate more this year, as MTZ achieves improved free cash flow generation and a higher ROIC profile. Additional catalysts could be an accretive bolt-on acquisition or a large project win announced for Power Delivery T&D."

For an analyst ratings summary and ratings history on MasTec click here. For more ratings news on MasTec click here.

Shares of MasTec closed at $218.91 yesterday.

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