MasTec Stock Gaining on D.A. Davidson Upgrade

Shares of MasTec (MTZ) were rising by 4.67% to $41.50 on Thursday morning, following a rating upgrade to "buy" from "neutral" at D.A. Davidson.

The firm raised its rating on the infrastructure construction company's stock to $50 from $44.

Davidson sees catalysts for the company, including bookings momentum, its communications customer initiative development, and the potential for M&A.

(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)

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