MasTec price target raised to $104 from $83 at B. Riley

B. Riley raised the firm’s price target on MasTec to $104 from $83 and keeps a Buy rating on the shares. The analyst says the company is well positioned for growth following the Q4 report. MasTec is well positioned to benefit from a number of large end market trends in the coming quarters and years, with margin expansion on improved volumes, the analyst tells investors in a research note.