MasTec (NYSE:MTZ) Given New $267.00 Price Target at Stifel Nicolaus
Stifel Nicolaus raised MasTec's (NYSE:MTZ) target price from $240.00 to $267.00, maintaining a "buy" rating. This suggests a potential 23.09% upside from the current price. Other analysts also increased their target prices, with Barclays, Citigroup, Wolfe Research, Guggenheim, and JPMorgan Chase & Co. giving positive ratings. MasTec's stock performance shows a market cap of $17.11 billion and a PE ratio of 51.61. Insiders sold shares worth $2.82 million in the last 90 days. Institutional investors own 78.10% of the stock.
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