Roth/MKM Starts MasTec (MTZ) at Buy

Roth/MKM analyst Philip Shen initiates coverage on MasTec (NYSE: MTZ) with a Buy rating and a price target of $210.00.

The analyst commented, "MasTec Inc. (MTZ) is an EPC (engineering, procurement, and construction) company that provides infrastructure solutions for electric/gas utilities, renewable energy, communications, and pipeline industries. We believe MTZ is one of the best-positioned companies to support the acceleration of the electrical infrastructure buildout—second in our view only to PWR—with industry-leading exposure to electric utility/renewables. Trading at ~12x 2026 consensus EBITDA, we initiate coverage of MTZ with a Buy rating and $210 PT, which represents ~14x our 2026 EBITDA estimate and ~22% upside from current levels."

For an analyst ratings summary and ratings history on MasTec click here. For more ratings news on MasTec click here.

Shares of MasTec closed at $171.99 yesterday.

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