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National Bank of Canada FI sold a major stake in Quanta Services, yet the company reported strong earnings.
National Bank of Canada FI sold 40.9% of its shares in Quanta Services, reducing its holdings to 135,187 shares.
Despite this, Quanta Services reported a strong fourth quarter, exceeding earnings expectations with $2.74 EPS.
The company’s stock, which provides infrastructure solutions for various industries, has a "Moderate Buy" rating and a price target of $326.79, according to MarketBeat.
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National Bank of Canada FI vendió una importante participación en Quanta Services, sin embargo, la compañía reportó fuertes ganancias.