Bernstein upgrades Quanta Services stock to Outperform at USD 775
AD HOC NEWS
Bernstein has upgraded Quanta Services (ISIN US74762E1029) stock from Market Perform to Outperform, raising its price target to USD 775 from USD 748. This upgrade is driven by Quanta's ability to scale craft labor faster than the industry, addressing bottlenecks in data center construction, and an expected 25% compound annual growth rate in earnings per share, significantly above the Street's 15% estimate. The company also reported strong Q2 2026 revenue of USD 9.56 billion, up 41.10% year over
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