MasTec is trading 4.05% down now at $190.08 following its recent earnings update, which lowered 2026 profitability guidance citing pipeline project delays.
- Management said permitting issues delayed some starts by about 60 days, affecting utilization and pushing work into 2027.
- Analysts subsequently cut price targets, including Mizuho’s reduction to $338 from $352; the move follows several sessions of gains.