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Mastec, Inc. (MTZ) [hlAlert]

Rating:
Buy MTZ
down 62.70 %

Mastec, Inc. (MTZ) rated Buy with price target $25.50 by Stifel

Posted on: Monday,  Dec 15, 2014  9:25 AM ET by Stifel

Stifel rated Buy Mastec, Inc. (NYSE: MTZ) on 12/15/2014. Previously Stifel rated Buy Mastec, Inc. (NYSE: MTZ) on 03/03/2014., when
the stock price was $41.59. Since then, Mastec, Inc. has lost 62.71% as of 01/08/2016's recent price of $15.51.
If you would have followed the previous Stifel's recommendation on MTZ, you would have lost 62.7% of your investment in 676 days.

MasTec, Inc. (MasTec) is a specialty contractor operating mainly throughout the United States and Canada, and across a range of industries. The Company?s principal activities include building, installation, maintenance and upgrade of utility and communications infrastructure. MasTec?s primary customers in various industries include utilities (including wind farms and other renewable energy, natural gas gathering systems and pipeline infrastructure), communications (including telephony, satellite television and cable television) and government (including water and sewer, utilities and communications work on military bases). In July 2008, MasTec acquired certain assets of Nsoro, LLC, which specializes in wireless network design, construction, upgrade and maintenance. In December 2008, it acquired Wanzek Construction, Inc. In November 2009, the Company completed the acquisition of Precision Pipeline, LLC.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/15/2014 9:25 AM Buy
None
19.54 25.50
as of 10/17/2014
1 Week up  5.87 %
1 Month down  -15.75 %
3 Months down  -12.62 %
1 YTD down  -37.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/3/2014 9:25 AM Buy
None
41.59 49.00

(*) Stock Price at the time of the recommendation.
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