Jefferies raised the firm’s price target on MasTec (MTZ) to $252 from $218 and keeps a Buy rating on the shares. The firm, which sees a “visible path emerging to double-digit margins,” modestly raised its 2026-2028 EBITDA and EPS estimates by 1%-2% per year and 1%-3% per year, respectively. Large project awards offer longer-term upside, the analyst added.
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