Barclays Maintains Overweight Rating for MasTec: Here's What You Need To Know

Barclays has decided to maintain its Overweight rating of MasTec MTZ and lower its price target from $120.00 to $106.00.

Shares of MasTec are trading up 0.0% over the last 24 hours, at $68.79 per share.

A move to $106.00 would account for a 54.09% increase from the current share price.

About MasTec

MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.