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Fly News Breaks for September 18, 2015
MTZ
Sep 18, 2015 | 09:31 EDT
Stephens analyst Matt Duncan said a consortium led by MasTec appears to have won another large natural gas pipeline construction contract with Mexico's federal electric commission. The analyst, who also noted that multiple insiders have made open market purchases of the stock in the past month, raised his price target on MasTec to $24 from $21 and reiterated an Overweight rating on the shares.
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