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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
UBS has raised its price target for Quanta Services shares from USD 313 to USD 367, maintaining a buy recommendation amid strong confidence in the company's future. Despite this positive outlook, the stock is down 2.03% today at USD 306.51, though it has seen an impressive year-on-year increase of 80.85%.
Quanta Services, Inc. is a leading provider of specialized infrastructure services in the U.S., with net sales divided into three main areas: Electricity (46.5%), Renewable Energy (29.5%), and Oil and Gas (24%). The company generates 85.8% of its sales in the United States, with additional contributions from Canada (9.8%), Australia (2.9%), and other regions (1.5%).
WillScot Holdings Corporation has appointed Worthing Jackman, an industry veteran with extensive experience from Waste Connections and Quanta Services, to its board of directors to enhance its growth strategy and financial performance. Jackman's background includes significant roles in finance and operations, which are expected to bolster WillScot's governance and stakeholder value. Quanta Services, where Jackman has served as a director since 2005, is projected to show strong financial results, reflecting its robust market position and growth potential.
Quanta Services, Inc.
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08:38 24.10.2024
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14:14 22.10.2024
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