Quanta Services Inc

PWR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$986.00	Svmjb	Pmqdqvs

Quanta Executes Well Amid Inflationary Environment; Raising FVE to $112, but Shares Look Pricey

Brett Castelli

Aug 5, 2022

We raise our fair value estimate for Quanta to $112 per share from $102 following second-quarter results. The primary drivers behind our fair value estimate increase are higher revenue expectations on outperformance year-to-date and potential upside from proposed legislation.

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