According to Street Insider this morning, Deutsche Bank has initiated coverage on Quanta Services (PWR) with a Buy rating and price target of 28. 
 
Deutsche analyst says, “Quanta, a leading specialty contractor servicing the electrical power market, is well positioned to benefit from the anticipated spike in transmission-related investment. To accommodate the rising mix of renewable energy, utilities and grid operators are increasingly turning to Quanta to help build transmission networks. With an attractive … Read the rest