MasTec Announces Third Quarter 2024 Financial Results and Increases Guidance for the Year

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MasTec (MTZ) PT Raised to $160 at DA Davidson

November 4, 2024 4:55 AM EST

DA Davidson analyst Brent Theilman raised the price target on MasTec (NYSE: MTZ) to $160.00 (from $125.00) while maintaining a Buy rating.

The analyst comments "Increasing PT. Exiting 3Q we increase our PT to $160 (prev. $125) which represents 13x/12x our 2025/2026 EBITDA estimates. We still anticipate margin... More

MasTec (MTZ) PT Raised to $160 at DA Davidson

November 4, 2024 4:55 AM EST

DA Davidson analyst Brent Theilman raised the price target on MasTec (NYSE: MTZ) to $160.00 (from $125.00) while maintaining a Buy rating.

The analyst comments "Increasing PT. Exiting 3Q we increase our PT to $160 (prev. $125) which represents 13x/12x our 2025/2026 EBITDA estimates. We still anticipate margin... More