Quanta Services price target lowered to $784 from $857 at Jefferies
Jefferies lowered the firm's price target on Quanta Services to $784 from $857 and keeps a Buy rating on the shares. The firm remains positive on EPS revision potential as data center demand continues expanding beyond the revised FY26 Electrical guidance, with Q2 results expected to confirm this trend rather than require another major forecast reset, the analyst tells investors in a research note.
Jefferies lowered the firm's price target on Quanta Services to $784 from $857 and keeps a Buy rating on the shares.
The firm remains positive on EPS revision potential as data center demand continues expanding beyond the revised FY26 Electrical guidance, with Q2 results expected to confirm this trend rather than require another major forecast reset, the analyst tells investors in a research note.