Bullish Case: PWR's year-over-year revenue and net income growth, insider confidence, and robust infrastructure spending indicate a strong upward trajectory for the stock.


Bearish Case: Recent stock rally may have outpaced fundamentals, presenting overvaluation risks amid a volatile market with potential rising interest rates.


Potential Outcomes: 60% chance PWR consolidates near current levels, 25% chance strong earnings fuel a rise to $270, 15% chance rates impact leads to drop to $250.


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April 04, 2024


Quanta Services Forecast

PWR        Quanta Services
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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