Quanta Services Price Target Raised by Mizuho Ahead of Analyst Day

Mizuho raised its price target on Quanta Services (NYSE: PWR) to $580 from $537, while maintaining a Neutral rating, ahead of the company’s March 31 analyst day. The firm said the higher price target reflects improved medium-term revenue growth expectations, supported by continued expansion in core end markets and increasing opportunities tied to data center infrastructure. Despite the stronger outlook, Mizuho maintained a Neutral stance, noting that the stock already reflects much of Quanta’s growth potent ...