Commerce Bank increased its stock holdings in Quanta Services, Inc.(NYSE:PWR). Despite some daily losses, Quanta consistently outperformed its competitors. The company recently welcomed two new independent directors, pushing their stock to a new 12-month high following an analyst upgrade. The company's financial analysts offered insights and positive earnings growth indicators, making Quanta Services a stock to watch. Quanta Services also announced a quarterly cash dividend and received a price target raise from The Goldman Sachs Group. The company's Q2 earnings expectations elicited market anticipation. The stock displayed a long-term growth trend, driving momentum. Quanta Services also showcased positive Q1 earnings and revenue estimates. HSBC Holdings PLC and Nomura Asset Management Co. Ltd. have increased their holdings in Quanta Services. Quanta's Q1 earnings were closely contemplated against estimates, while the company's stock forecast and price target for 2024 received significant attention. Boston Partners, Edmond DE Rothschild Holding S.A., and Artisan Partners Limited Partnership reported stock holdings in Quanta Services. They outperformed competitors even on strong trading days. The company's recent rally was driven by robust financials, and their valuation and balance sheet were evaluated and found to be healthy.
Quanta Services PWR News Analytics from Mon, 25 Sep 2023 07:00:00 GMT to Thu, 30 May 2024 12:40:04 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 6
