Quanta Services (PWR) Receives a Rating Update from a Top Analyst
In a report released today, Brian Brophy from Stifel Nicolaus maintained a Buy rating on Quanta Services, with a price target of $654.00.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Brophy covers the Industrials sector, focusing on stocks such as MYR Group, Comfort Systems, and EMCOR Group. According to TipRanks, Brophy has an average return of 56.1% and an 87.88% success rate on recommended stocks.
In addition to Stifel Nicolaus, Quanta Services also received a Buy from Roth MKM’s Philip Shen in a report issued on April 6. However, on April 2, Mizuho Securities maintained a Hold rating on Quanta Services (NYSE: PWR).
Based on Quanta Services’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.84 billion and a net profit of $315.5 million. In comparison, last year the company earned a revenue of $6.55 billion and had a net profit of $305.12 million
Read More on PWR:
Disclaimer & DisclosureReport an Issue
- 3 ‘Strong Buy’ Technology ETFs with Attractive Upside Potential
- Quanta Services: Cautious Guidance, Strong EPS Growth Outlook and Cash‑Fueled M&A Support Buy Rating
- Quanta Services: Durable Moat, Vertical Integration, and 2030 Targets Underpin Buy Rating and Path to $100B+ Industrial Scale
- Quanta Services price target raised to $580 from $537 at Mizuho
- Quanta Services upgraded to Outperform from Market Perform at BMO Capital
