Stifel Raises Quanta Services Price Target to $647 After Strong Q4 Results
Stifel increased its price target on Quanta Services (PWR) to $647 from $517 and kept a Buy rating after the company's Q4 2025 results outperformed expectations. Strength in the Electric business and a series of acquisitions materially contributed to better-than-expected revenue, backlog and orders, while guidance for 2026 was raised well above con…