Analysts Offer Insights on Industrial Goods Companies: MasTec (MTZ) and QXO Inc (QXO)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on MasTec (MTZ – Research Report) and QXO Inc (QXO – Research Report) with bullish sentiments.
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MasTec (MTZ)
Truist Financial analyst Jamie Cook maintained a Buy rating on MasTec today. The company’s shares closed last Thursday at $289.96.
According to TipRanks.com, Cook is a top 100 analyst with an average return of
MasTec has an analyst consensus of Strong Buy, with a price target consensus of $267.71, a -5.2% downside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $322.00 price target.
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QXO Inc (QXO)
In a report released today, Keith Hughes from Truist Financial maintained a Buy rating on QXO Inc. The company’s shares closed last Thursday at $23.88, close to its 52-week low of $10.61.
According to TipRanks.com, Hughes is a top 100 analyst with an average return of
Currently, the analyst consensus on QXO Inc is a Strong Buy with an average price target of $33.86, representing a 38.8% upside. In a report released yesterday, William Blair also maintained a Buy rating on the stock.
