Truist Raises the Price Target on Quanta Services, Inc. (PWR) to $643 and Maintains a Buy Rating

NodeGuardian · 2026-02-27T16:53:34+00:00

Truist raised its price target on Quanta Services to $643 after strong Q4 earnings of $3.16 EPS and $7.84B revenue, with positive signals from electric infrastructure and solid analyst support.

NodeGuardian

2026-02-27 16:53:34

Abstract generation in progress

Truist has raised its price target on Quanta Services, Inc. (PWR) to $643 from $548, maintaining a Buy rating after the company’s strong Q4 earnings, driven by Electric Infrastructure performance and acquisitions. Other analysts like DA Davidson and Cantor Fitzgerald also increased their price targets, citing solid results and a strong position in infrastructure with significant backlog. Quanta Services reported Q4 adjusted EPS of $3.16 and revenue of $7.84B, surpassing consensus expectations.

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