Quanta Services (PWR) Receives a Buy from BMO Capital
BMO Capital analyst Ameet Thakkar maintained a Buy rating on Quanta Services today and set a price target of $650.00.
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Thakkar covers the Technology sector, focusing on stocks such as First Solar, Enphase Energy, and SolarEdge Technologies. According to TipRanks, Thakkar has an average return of -6.5% and a 50.37% success rate on recommended stocks.
In addition to BMO Capital, Quanta Services also received a Buy from Truist Financial’s Jamie Cook in a report issued today. 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
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