Quanta Services (NYSE:PWR) Sets New 52-Week High - Here's What Happened

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Quanta Services (NYSE:PWR) reached a new 52-week high of $512.13 during mid-day trading, currently trading at $506.74 with a volume of 53,701 shares. The company has a “Moderate Buy” consensus rating and a target price of $462.00 from analysts. Institutional investors own 90.49% of the stock, with several hedge funds recently increasing their holdings.

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