DA Davidson raised the firm’s price target on Valmont (VMI) to $415 from $400 and keeps a Neutral rating on the shares after its Q3 earnings beat. The company’s results and estimates are still influenced by tough Ag conditions which continue, albeit Infrastructure continues to execute well, the analyst tells investors in a research note. The firm adds that it is currently forecasting Ag stabilization in the second half of 2026, with modest gains in 2027.
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