Raymond James Initiates Coverage On Alamo Group with Outperform Rating, Announces Price Target of $215
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Felix Boeschen has initiated coverage on Alamo Group (NYSE:ALG) with an Outperform rating and a price target of $215.
July 07, 2023 | 8:20 am
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POSITIVE IMPACT
Alamo Group has been given an Outperform rating and a price target of $215 by Raymond James, indicating a positive outlook for the company.
The Outperform rating from Raymond James suggests that they expect Alamo Group's stock to do better than the market average. This, combined with the high price target, indicates a positive outlook for the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100