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Analysts Offer Insights on Industrial Goods Companies: Cardinal Infrastructure Group, Inc. (CDNL) and Quanta Services (PWR)

Tipranks - Sat Feb 21, 8:20AM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Cardinal Infrastructure Group, Inc. (CDNLResearch Report) and Quanta Services (PWRResearch Report).

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Cardinal Infrastructure Group, Inc. (CDNL)

D.A. Davidson analyst Brent Thielman maintained a Buy rating on Cardinal Infrastructure Group, Inc. today and set a price target of $35.00. The company’s shares closed last Thursday at $32.25, close to its 52-week high of $33.08.

According to TipRanks.com, Thielman is a top 100 analyst with an average return of 27.8% and a 70.1% success rate. Thielman covers the Industrial Goods sector, focusing on stocks such as Matrix Service Company, Construction Partners, and Granite Construction. ;'>

Cardinal Infrastructure Group, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $33.00, implying a 22.4% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

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Quanta Services (PWR)

In a report released today, Gus Richard from Northland Securities maintained a Hold rating on Quanta Services, with a price target of $525.00. The company’s shares closed last Thursday at $554.00.

According to TipRanks.com, Richard is a 5-star analyst with an average return of 23.6% and a 60.6% success rate. Richard covers the Technology sector, focusing on stocks such as Advanced Micro Devices, SolarEdge Technologies, and Power Integrations. ;'>

Currently, the analyst consensus on Quanta Services is a Moderate Buy with an average price target of $556.40, representing a 2.1% upside. In a report released today, TipRanks – Anthropic also downgraded the stock to Hold with a $601.00 price target.

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