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Fly News Breaks for January 2, 2018
MTZ
Jan 2, 2018 | 09:15 EDT
Craig-Hallum analyst Christian Schwab raised his price target for MasTec to $64 from $57, citing the recent passage of the U.S. tax reform bill. Including local, state and other taxes, the analyst estimates MasTec's total effective tax rate going forward will be in the high 20's percent range. He reiterates a Buy rating on the shares.
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