Quanta Services (PWR) has faced a mixed bag of news in the world of investments. The company has seen its stock slide, even as markets have risen, giving traders some facts to ponder. Q4 and Full-Year 2024 earnings releases are set for 20th February. Notable firms like B of A Securities have initiated coverage of Quanta with a Buy recommendation. The stock has hit new 12-month highs, prompting some to ponder if it is time to buy. However, the reports note that the company's returns haven't been growing. Nonetheless, its price target has been raised to $388.00. Several analysts including those at Bank of America, consider Quanta Services to be a top growth stock for the long term and a company to watch due to its earnings growth and price strength. However, the company's stocks have also had periods of underperformance compared to the market, raising concerns. Despite this, continuing investments in Quanta, increased price targets and bullish Wall Street views keep the market sentiment towards the company largely positive.
Quanta Services PWR News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Sat, 25 Jan 2025 11:54:17 GMT -
Rating 7
- Innovation 3
- Information 5
- Rumor 2
