Market Overview

UPDATE: Stifel Nicolaus Raises PT to $175 on Valmont Industries on Quarterly Beat

Related VMI
Stocks Hitting 52-Week Lows
Top 4 NYSE Stocks In The Metal Fabrication Industry With The Highest Operating Margin

Stifel Nicolaus maintained Valmont Industries (NYSE: VMI) with a Buy rating and raised the price target from $161.00 to $175.00.

Stifel Nicolaus said, "Valmont continued its excellent recent record delivering another quarterly beat and issuing EPS guidance high single digits above expectations (stock appreciated 5.6% on the day, maybe a little less than warranted). Valmont's USS business remains extremely strong and we forecast mid teens or better revenue growth in each of the next 2 years."

Valmont Industries closed at $157.63 on Wednesday.

Latest Ratings for VMI

DateFirmActionFromTo
Oct 2014DA DavidsonMaintainsBuy
Oct 2014Credit SuisseMaintainsUnderperform
Sep 2014Sterne AgeeDowngradesBuyNeutral

View More Analyst Ratings for VMI
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Price Target Analyst Ratings

 

Related Articles (VMI)

Around the Web, We're Loving...

Get Benzinga's Newsletters