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Enter Symbol:
 
Mastec, Inc. (MTZ) [hlAlert]

Rating:
Buy MTZ
up 21.93 %

Mastec, Inc. (MTZ) rated Buy with price target $30 by Maxim Group

Posted on: Tuesday,  Dec 16, 2014  9:25 AM ET by Maxim Group

Maxim Group rated Buy Mastec, Inc. (NYSE: MTZ) on 12/16/2014. Previously Maxim Group rated Buy Mastec, Inc. (NYSE: MTZ) on 12/17/2009.,
when the stock price was $12.72. Since then, Mastec, Inc. has gained 21.93% as of 01/08/2016's recent price of $15.51.
If you would have followed the previous Maxim Group's recommendation on MTZ, you would have gained 21.93% of your investment in 2213 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.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/16/2014 9:25 AM Buy
None
18.54 30.00
as of 10/17/2014
1 Week up  5.87 %
1 Month down  -15.75 %
3 Months down  -12.62 %
1 YTD down  -20.07 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/3/2014 10:25 AM Buy
None
40.70 48.00
8/2/2013 4:25 PM Buy
None
34.67 42.00
3/2/2012 11:25 AM Buy
None
19.12 25.00
12/17/2009 8:25 AM Buy
None
12.72 18.00

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