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News Breaks
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January 18, 2012
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| 13:29 EDT |  | PWR |
| theflyonthewall.com: | Quanta Services backlog not factoring in Keystone, says Piper Jaffray | | Piper Jaffray believes President Obama's expected rejection of the Keystone pipeline poses little threat to Quanta Services' current outlook, adding the news is mostly a sentiment negative. However, Piper thinks uncertainty regarding the approval will likely keep Quanta shares in the low $20's over the next few quarters, but adds the Keystone pipeline is not currently in the company's $7.2B backlog. The firm reiterates an Overweight rating on the stock. :theflyonthewall.com |
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May 21, 2012
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| 13:37 EDT | | PWR |
| theflyonthewall.com: | Piper expects further sector consolidation following Cooper deal | | Piper Jaffray expects consolidation in the electrical and industrial components sector to continue after Eaton (ETN) acquired Cooper Industries (CBE). The firm views Quanta Services (PWR), Acuity Brands (AYI) and Elster (ELT) as attractive potential takeover targets within its coverage universe. :theflyonthewall.com |
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May 16, 2012
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| 06:10 EDT |  | PWR |
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