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Quanta Services, Inc. (PWR) [hlAlert]

Rating:
Hold PWR
down 24.58 %

Quanta Services, Inc. (PWR) downgraded to Hold by Stifel

Posted on: Tuesday,  Jan 5, 2016  8:25 AM ET by Stifel

Stifel rated Hold Quanta Services, Inc. (NYSE: PWR) on 01/05/2016. Previously Stifel rated Buy Quanta Services, Inc. (NYSE: PWR) on 12/15/2014.,
when the stock price was $27.05. Since then, Quanta Services, Inc. has lost 24.58% as of 01/05/2016's recent price of $20.40.
If you would have followed the previous Stifel's recommendation on PWR, you would have lost 24.58% of your investment in 386 days.

Quanta Services, Inc. (Quanta) is a provider of specialty contracting services. The Company operates in two reportable business segments: the infrastructure services and the dark fiber segment. The infrastructure services segment provides specialized contracting services, offering end-to-end network solutions to the electric power, gas, telecommunications and cable television industries. The dark fiber segment designs, procures, constructs and maintains fiber-optic telecommunications infrastructure in select markets, and licenses the right to use point-to-point fiber-optic telecommunications facilities to customers. In July 2008, it acquired a helicopter-assisted transmission line installation, maintenance and repair services company. In November 2008, it acquired two affiliated professional telecommunications engineering companies. In October 2009, the Company acquired Price Gregory Services, Incorporated.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/5/2016 8:25 AM Hold
None
20.40
as of 8/27/2015
1 Week down  -0.04 %
1 Month down  -21.81 %
3 Months down  -19.47 %
1 YTD down  -12.56 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/15/2014 9:25 AM Buy
None
27.05 38.00

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