Quanta Services' (PWR) Prelim. Q3 Results Fall Short of Estimates

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UBS Cuts Price Target Ahead of Quanta Services (PWR) 3Q Results

October 20, 2015 10:47 AM EDT

UBS maintained a Buy rating on Quanta Services (NYSE: PWR), and cut the price target to $23.00 (from $28.00), following the company's pre-announced 3Q results. PWR is now expecting unadjusted EPS of $0.22-$0.24, vs. prior guidance of $0.34-$0.40. PWR is scheduled to report 3Q earnings on 11/05/2015.... More

FBR Capital Downgrades Quanta Services (PWR) to Market Perform

October 19, 2015 1:29 PM EDT

FBR Capital downgraded Quanta Services (NYSE: PWR) from Outperform to Market Perform with a price target of $22.00 (from $29.00).

Analyst Alex Rygiel commented, "Last Friday, October 16, Quanta Services preannounced lower-than-expected 3Q15 results due to a combination of softer revenue and lower... More