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MasTec Inc stock reached an all-time high of 207.98 USD, marking a significant milestone for the $16.09 billion infrastructure construction company. According to InvestingPro analysis, the stock is currently trading slightly above its Fair Value. Over the past year, MasTec Inc has experienced a remarkable 67% increase in its stock price, reflecting strong investor confidence and robust business performance. With revenue growth of 7.08% and trading at a P/E ratio of 61.84, this surge to an all-time high underscores the company’s growth trajectory and market strength, positioning it favorably in the competitive landscape. The impressive 1-year change highlights the positive sentiment surrounding MasTec’s strategic initiatives and operational achievements. InvestingPro subscribers have access to 20 additional investment tips and a comprehensive Pro Research Report for deeper insights into MasTec’s valuation and growth prospects.
In other recent news, MasTec has garnered significant attention from various investment firms due to its promising growth prospects. UBS has reiterated its Buy rating for MasTec, maintaining a price target of $206.00, citing a positive outlook across all business segments and expected margin improvements. Wolfe Research upgraded MasTec from Peerperform to Outperform, setting a price target of $227.00, as they anticipate a favorable shift in gas infrastructure spending, along with growth in data center expansion and utility capital expenditures. Mizuho also initiated coverage with an Outperform rating and a $215.00 price target, noting that MasTec generated over 55% of its sales from clean energy and power delivery last year, with expectations for this segment to grow significantly by 2025.
Additionally, Texas Capital Securities initiated a Buy rating for MasTec, with a price target of $250.00, emphasizing its position as a leading utility infrastructure contractor. Beyond analyst ratings, MasTec has announced a temporary blackout period for its 401(k) plan participants due to a transition in recordkeeper services, effective October 1, 2025. This period will temporarily restrict certain transactions for plan participants. These developments reflect a period of strategic growth and operational transitions for MasTec.
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