Piper Sandler analyst Kashy Harrison raised the firm’s price target on Quanta Services (PWR) to $360 from $286 and keeps an Overweight rating on the shares. The firm cites a solid quarter from Quanta Services as the company beat EBITDA expectations, raised financial guidance, and appears biased toward the higher end of the revised range. Regarding tariffs, Quanta Services possesses contractual protections which preserve margins; additionally, demand/activity from its customers has not been materially impacted.
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