Citigroup has raised its price target for Quanta Services (PWR) to $640 from $540, maintaining a “Buy” rating, reflecting continued optimism in the company’s market performance. This increase follows several other positive analyst evaluations and price target adjustments for PWR in recent months. Despite the positive analyst sentiment, GuruFocus estimates a potential downside based on its GF Value fair value calculation.
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Citigroup Raises Quanta Services (PWR) Price Target to $640 | PW
Citigroup has raised its price target for Quanta Services (PWR) to $640 from $540, maintaining a “Buy” rating, reflecting continued optimism in the company’s market performance. This increase follows several other positive analyst evaluations and price target adjustments for PWR in recent months. Despite the positive analyst sentiment, GuruFocus estimates a potential downside based on its GF Value fair value calculation.