Jefferies analyst Julien Dumoulin-Smith raised the firm’s price target on Quanta Services (PWR) to $517 from $469 and keeps a Buy rating on the shares. The firm, which expects incremental large-scale projects to stack into backlog, now sees about 18.5% EPS growth through 2027 and a 17.0% EPS compound annual growth rate for 2025-29, both of which it notes are above consensus.
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