Quanta Shares Fall After Goldman Sachs Cuts Price Target
Quanta Services shares fell Thursday after Goldman Sachs cut its price target, citing growing skepticism about the artificial-intelligence spending boom. The report says analysts see 30% upside.
Quanta Services shares fell Thursday after Goldman Sachs sharply lowered its price target for the electrical infrastructure company, citing increased skepticism about the artificial-intelligence spending boom. Analysts nonetheless see scope for the stock to rebound.