D.A. Davidson Maintains Quanta Services Underperform, $20 PT

D.A. Davidson maintained its Quanta Services

Underperform rating and $20 price target in a research report published today. In the report, D.A. Davidson states, "As indicated, we continue to look for significant year-over-year growth in 2012, based on relatively low comparisons and the current schedule of major transmission projects. Excluding unusual items, these gains will moderate through the year." Shares of Quanta Services were trading at $21.37 at the time of posting, down 1.93% from Wednesday's market close.