Wedbush maintains an 'Outperform' on Quanta Services (PWR); Removes From Best Ideas List
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Price: $722.31 --0%
Rating Summary:
27 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 10 | New: 23
Rating Summary:
27 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 10 | New: 23
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Wedbush maintains an 'Outperform' on Quanta Services (NYSE: PWR) price target of $26.00.
Wedbush analyst says, "We are removing Quanta Services from the Wedbush Best Ideas List following indication from the State Department that the Keystone-XL project decision is being delayed, which will reduce the magnitude of potential upside to 2012 EPS estimates. We previously added Quanta to the Best Idea’s List on Nov. 17, 2010, when the shares were trading at the $17.05 level, and the stock has delivered annualized returns of 11.3% vs. a 5.3% return for the S&P 500."
For an analyst ratings summary and ratings history on Quanta Services click here. For more ratings news on Quanta Services click here.
Shares of Quanta Services closed at $18.94 yesterday.
Wedbush analyst says, "We are removing Quanta Services from the Wedbush Best Ideas List following indication from the State Department that the Keystone-XL project decision is being delayed, which will reduce the magnitude of potential upside to 2012 EPS estimates. We previously added Quanta to the Best Idea’s List on Nov. 17, 2010, when the shares were trading at the $17.05 level, and the stock has delivered annualized returns of 11.3% vs. a 5.3% return for the S&P 500."
For an analyst ratings summary and ratings history on Quanta Services click here. For more ratings news on Quanta Services click here.
Shares of Quanta Services closed at $18.94 yesterday.
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