15 Best Data Center Stocks to Buy and Hold for the Next Decade

11. MasTec, Inc. (NYSE:MTZ)

On July 2, 2026, Truist raised the firm’s price target on MasTec, Inc. (NYSE:MTZ) to $550 from $518 and kept a Buy rating on the shares. Truist adjusted estimates and targets in the machinery, infrastructure services, and multi-industry group as part of a Q2 preview. The firm sees a positive setup for Q2 earnings reports across the sector, with demand trends remaining strong and supported by secular growth tailwinds in power, data center, aerospace and defense, and infrastructure.

On July 1, MasTec announced that Manny Miranda joined its Board of Directors as a Class II Director. Across Miranda’s career at Florida Power & Light and Florida City Gas, Miranda held leadership responsibilities spanning transmission, substations, distribution, engineering, construction, operations, maintenance, customer service, system reliability, storm hardening, and commercial operations.

On June 18, Baird said the recent weakness in MasTec, Inc. (NYSE:MTZ) shares is a buying opportunity as Hauke raised year-over-year estimates. Hauke maintained an Outperform rating and $473 price target on MasTec shares.

MasTec, Inc. (NYSE:MTZ) provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada.