MasTec (MTZ) PT Raised to $401 at Stifel

Stifel analyst Brian Brophy raised the price target on MasTec (NYSE: MTZ) to $401.00 (from $335.00) while maintaining a Buy rating.

The analyst commented, "MTZ: We believe survey results point to generally healthy trends in the Power Delivery segment. Additionally, the restart of Greenlink West and the start of an unnamed transmission project in the 2H26 support the growth outlook. While clean energy trends are slower, we believe MTZ's large developer customers are in a better position to navigate challenges from OBBBA. Separately, we understand that MTZ won one of three spreads on the Speedway NGL pipeline project."

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