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Enter Symbol:
Rating: PWR
Hold

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

Tuesday,  Jan 5, 2016  8:25 AM ET by Kristen Bailey

Stifel downgraded Quanta Services, Inc. (NYSE: PWR) to Hold. Stifel
rated Quanta Services, Inc. (NYSE: PWR) to Buy with price target $38 on 12/15/2014, when the price was $27.05.

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



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