Movement Alert｜Quanta Falls 3.14% in Regular Trading, Construction and Engineering Sector Under Broad Selling Pressure

Market Focus

Aug 18

On August 18, Quanta declined 3.14% in regular trading, trading at $700.01 per share, with turnover of $319 million. The stock retreated alongside broad-based weakness across the Construction and Engineering sector, where most peers suffered steeper losses.

Within the sector, Sterling Construction fell 6.9%, Comfort Systems USA fell 6.66%, MasTec fell 5.23%, Argan fell 4.63%, and EMCOR Group fell 4.42%. Quanta's decline came just one session after the stock gained 3.18% following a wave of analyst target price upgrades from Goldman Sachs, Jefferies, and KeyBanc. Goldman Sachs had raised its target to $902 from $826, while Jefferies lifted its target to $833 from $784, both maintaining buy ratings.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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The stock retreated alongside broad-based weakness across the Construction and Engineering sector, where most peers suffered steeper losses.</p><p>Within the sector, Sterling Construction fell 6.9%, Comfort Systems USA fell 6.66%, MasTec fell 5.23%, Argan fell 4.63%, and EMCOR Group fell 4.42%. Quanta's decline came just one session after the stock gained 3.18% following a wave of analyst target price upgrades from Goldman Sachs, Jefferies, and KeyBanc. Goldman Sachs had raised its target to $902 from $826, while Jefferies lifted its target to $833 from $784, both maintaining buy ratings.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PWR","symbol_name":"广达公司","start_time":0,"source_url":"","article_id":"1170042025","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170042025","pubTimestamp":1787065957,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 18, Quanta declined 3.14% in regular trading, trading at $700.01 per share, with turnover of $319 million. 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