JPMorgan initiated coverage of Valmont (VMI) with an Overweight rating and $480 price target representing 31% potential upside. The firm views the company as “uniquely positioned” in infrastructure and agriculture, saying it benefits from “structural megatrends” such as electrification, grid hardening, renewable integration, and sustainable agriculture. Valmont’s infrastructure-led momentum should drive its 2026 earnings above consensus estimates, the analyst tells investors in a research note.
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