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Fly News Breaks for August 5, 2019
MTZ
Aug 5, 2019 | 06:42 EDT
Deutsche Bank analyst Chad Dillard raised his price target for MasTec to $67 from $60 saying the company beat Street estimates for the second straight quarter. MasTec appears well positioned to drive "meaningful growth" across its end-markets in 2020, with the ability to still grow EBITDA amidst potentially slowing oil and gas trends, Dillard tells investors in a research note. He maintains a Buy rating on the shares.
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