Canaccord analyst Bobby Burleson reiterated a Buy rating and $65 price target on MasTec, calling the stock his top mid-cap idea. In a research note to investors, Burleson said he has "high conviction" in MasTec's ability to deliver upside to estimates, adding that backlog momentum is "healthy" across multiple segments, and believes his assumptions for margins for Oil & Gas and revenues for Communications may prove conservative. The analyst believes demand remains "robust" and MasTec is in a good position to capture additional large scale work going forward, despite pipeline visibility that has been clouded by a "reluctance of owners to publicize future potential projects."