MasTec (MTZ) Tops Q4 EPS by 6c

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MasTec (MTZ) PT Lowered to $110 at Cowen

February 28, 2022 6:22 AM EST

Cowen analyst Marc Bianchi lowered the price target on MasTec (NYSE: MTZ) to $110.00 (from $125.00) while maintaining an Outperform rating.

The analyst commented, "MTZ underperformed peers by >10% after guiding 1Q well below consensus on supply chain, communications footprint investments, and delay of MVP. While... More