DA Davidson Maintains Buy on Alamo Group, Raises Price Target to $212
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky maintains a Buy rating on Alamo Group (NYSE:ALG) and raises the price target from $208 to $212.
June 08, 2023 | 2:24 pm
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DA Davidson analyst maintains Buy rating on Alamo Group and raises price target from $208 to $212.
The news of DA Davidson maintaining a Buy rating on Alamo Group and raising the price target from $208 to $212 is positive for the company's stock. This indicates that the analyst believes the stock has potential for further growth and is likely to perform well in the short term. As a result, the stock price is likely to go up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100