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Fly News Breaks for April 13, 2017
MTZ
Apr 13, 2017 | 08:47 EDT
As noted earlier, DA Davidson upgraded MasTec to Buy from Neutral. Analyst Brent Thielman says that MasTec can benefit from increases in the number of natural gas pipelines approved, as well as the booking momentum of its transmission unit and the launch of work on 5G this year. The analyst also thinks that the company could benefit from potential M&A. Target to $50 from $44.