Oppenheimer Upgrades Quanta Services to Outperform, Stock at $733.62, Zacks Names It Strong Buy
PWR•Oppenheimer upgraded Quanta Services to Outperform from Perform on May 28 with the stock at $733.62, lifting its average brokerage rating to 1.40. Zacks gives Quanta a #1 Strong Buy ranking, highlighting growth prospects for its $110.09 billion market value.
1. Oppenheimer Upgrade Details
On May 28, Oppenheimer upgraded Quanta Services to an Outperform rating from Perform, reflecting expectations that the stock will outperform the broader market. At the time of the upgrade, the stock traded at $733.62.
2. Brokerage and Zacks Ratings
Quanta Services holds an average brokerage recommendation of 1.40, with 20 out of 25 firms issuing Strong Buy ratings. Zacks ranks the stock as a #1 Strong Buy, underscoring analysts’ confidence in its growth trajectory.
3. Company Profile and Market Cap
Quanta Services provides infrastructure solutions for electric power, pipeline and telecommunications sectors, commanding a market capitalization of $110.09 billion. Its shares have traded in a 52-week range of $336.57 to $788.75, highlighting both performance potential and volatility.
