Quanta Services (PWR) Tops Q3 EPS by 2c, Beats on Revenues; Offers FY17 EPS Guide Below Consensus, FY17 Revenue Guide Above Consensus

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Quanta Services (PWR) PT Raised to $48 at FBR Capital on 3Q Beat; 'Record Backlog & Positive End Market Trends'

November 6, 2017 8:59 AM EST

FBR Capital raised its price target on Quanta Services (NYSE: PWR) to $48.00 (from $45.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst Alex Rygiel notes a positive outlook on the shares, as the company reported third quarter earnings per... More