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Home.forex news reportTruist Raises the Price Target on Quanta Services, Inc. (PWR) to $643...

Truist Raises the Price Target on Quanta Services, Inc. (PWR) to $643 and Maintains a Buy Rating

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Quanta Services, Inc. (NYSE:PWR) is among the 10 High Growth S&P 500 Stocks to Buy Now.

Truist Raises the Price Target on Quanta Services, Inc. (PWR) to $643 and Maintains a Buy Rating
Truist Raises the Price Target on Quanta Services, Inc. (PWR) to $643 and Maintains a Buy Rating

Truist analyst Jamie Cook on February 20, 2026, raised the price target on Quanta Services, Inc. (NYSE:PWR) to $643 from $548 and maintained a Buy rating. Jamie Cook said the Q4 earnings beat was driven by strong performance in Electric Infrastructure, with additional support from acquisitions, while Underground Utility results were largely in line with consensus expectations.

That same day, DA Davidson analyst Brent Thielman lifted the price target to $575 from $450 and kept a Neutral rating, describing Q4 results as “solid” and stating that there is nothing “imminent” that would derail the company’s “attractive earnings trajectory.” Earlier, on February 20, 2025, Cantor Fitzgerald raised its price target to $630 from $520 and maintained an Overweight rating, saying Quanta reinforced its position as a differentiated player in E&C with durable end-market demand, multi-year backlog visibility, and disciplined risk management tied to a multi-year North American infrastructure cycle.

On February 19, 2026, Quanta reported Q4 adjusted EPS of $3.16 versus $3.02 consensus and revenue of $7.84B compared with $7.37B consensus. President and CEO Duke Austin said, “Quanta closed 2025 with another strong quarter,” highlighting double-digit year-over-year growth in revenue and adjusted EBITDA and a record backlog of $44.0B, reflecting accelerating demand in the Electric segment heading into 2026.

Quanta Services, Inc. (NYSE:PWR) provides infrastructure solutions to the electric and gas utility, power generation, communications, pipeline, and energy industries.

While we acknowledge the potential of PWR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 12 Best Tech Stocks that Beat Earnings Estimates and 10 Most Profitable Undervalued Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News.



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