MasTec Stock Soars: Jefferies Raises Price Target to $213, Fueling Investor Optimism
The infrastructure sector is buzzing, and MasTec (MTZ) is riding the wave. Jefferies, a prominent investment firm, recently boosted its price target for MasTec stock from $193 to a remarkable $213, sending ripples of excitement through the investment community. This significant upward revision reflects a bullish outlook on the company's future performance, driven by robust growth prospects in key sectors like renewable energy and broadband infrastructure. This news follows a period of strong performance for MasTec, solidifying its position as a leading player in the infrastructure construction and service industry. This article delves into the reasons behind Jefferies' optimistic forecast, exploring the