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Goldman Sachs Raises Quanta Services' Price Target to $414, Maintains Buy Rating
ByAinvest
Wednesday, Jun 4, 2025 1:27 am ET1min read
Goldman Sachs has raised its price target for Quanta Services (PWR) to $414, maintaining a "Buy" rating. The firm cites a positive outlook on the company, driven by significant expenditures in transmission and distribution, and highlights that less than 10% of Quanta Services' revenue is derived from data centers. Analysts predict an average target price of $350.60, with a high estimate of $390 and a low estimate of $203.43.
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