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Fly News Breaks for September 12, 2017
MTZ
Sep 12, 2017 | 06:33 EDT
Deutsche Bank analyst Chad Dillard upgraded MasTec (MTZ) to Buy saying the recent share weakness provides an attractive entry point. Concerns about peak pipeline EBITDA and slowing AT&T (T) spending are overblown, Dillard tells investors in a research note. He sees several catalysts that could drive better than expected earnings growth in 2018 and beyond. The analyst keeps a $50 price target for the shares.
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