🟢 MasTec is trading 4.2% up in pre-market after record backlog and raised guidance

MasTec is trading 4.24% up at $310.21 after investors continued responding to its record $21.4 billion backlog, raised 2026 outlook, and bullish Goldman Sachs coverage.

• Backlog rose 30% year over year; adjusted EPS guidance increased to $9.30 and revenue guidance to $18.2 billion
• Goldman Sachs maintained Buy and set a $409 price target on August 13, 2026
• Broader markets are modestly firmer, with Nasdaq futures up 0.52%; the primary catalyst is company-specific