Quanta Services has seen a significant increase in its price target by UBS, which is now set at USD 367 per share, up from the previous target of USD 313. This adjustment reflects UBS's strong confidence in the future growth potential of Quanta Services.
Despite this positive outlook, the stock is currently experiencing a downturn, trading at USD 306.51, down 2.03% from the previous day. However, the long-term performance of the stock remains strong, with a year-on-year increase of 80.85% in share price.
Recent analyses suggest that shareholders should carefully consider their investments in Quanta Services and assess whether it is the right time to buy or sell. New insights from October 24 provide important guidance on the company's current market position.