Quanta Services Surges to 242nd in Trading Volume with $530 Million Turnover

On May 12, 2025, Quanta Services (PWR) saw a significant surge in trading volume, with a turnover of $530 million, marking a 63.11% increase from the previous day. This substantial rise in trading activity positioned Quanta Services as the 242nd most actively traded stock on the market for that day.

TD Cowen has raised its price target for Quanta Services from $335.00 to $355.00, maintaining a "buy" rating for the company. This adjustment reflects a positive outlook on the company's future performance and potential for growth.

Quanta Services is well-positioned to benefit from large-scale infrastructure projects, such as the Atlantic Wind Connection, which requires significant upgrades and investments. This project, valued at $20 billion, presents a substantial opportunity for the company to expand its operations and revenue streams.