Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on MasTec (MTZ – Research Report) and Lion Electric Company (LEV – Research Report).
MasTec (MTZ)
In a report released today, Adam Seiden from Barclays reiterated a Buy rating on MasTec, with a price target of $55.00. The company’s shares closed last Thursday at $75.46.
According to TipRanks.com, Seiden is a 5-star analyst with an average return of
Currently, the analyst consensus on MasTec is a Moderate Buy with an average price target of $76.63.
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Lion Electric Company (LEV)
Barclays analyst Dan Levy maintained a Hold rating on Lion Electric Company today and set a price target of $2.00. The company’s shares closed last Thursday at $1.46.
According to TipRanks.com, Levy is a 3-star analyst with an average return of
Lion Electric Company has an analyst consensus of Hold, with a price target consensus of $1.75, implying a 6.1% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Hold rating on the stock with a $1.50 price target.
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Read More on MTZ:
- MasTec Announces Fourth Quarter and Annual 2023 Financial Results and Provides Initial 2024 Guidance
- MasTec Inc (MTZ) Q4 Earnings Cheat Sheet
- MasTec downgraded to Neutral from Outperform at Baird
- E&C Sector in Focus; KeyBanc Suggests 2 ‘Strong Buy’ Stocks
- MasTec initiated with an Overweight at KeyBanc
