Truist Financial Forecasts Strong Price Appreciation for Quanta Services (NYSE:PWR) Stock

Truist Financial raised its price target for Quanta Services (NYSE:PWR) stock to $713 from $643, maintaining a “buy” rating and suggesting an 18.32% upside. This follows Quanta Services’ strong Q4 earnings beat and positive FY2026 guidance, with several other analysts also increasing their price targets for the construction company. The stock currently holds a “Moderate Buy” consensus rating among analysts, with a consensus price target of $599.

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