Raymond James Maintains Outperform on Alamo Group, Raises Price Target to $220
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Felix Boeschen maintains an Outperform rating on Alamo Group (NYSE:ALG) and raises the price target from $215 to $220.
July 20, 2023 | 11:27 am
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POSITIVE IMPACT
Raymond James maintains an Outperform rating on Alamo Group and raises the price target from $215 to $220, which could lead to a positive market reaction.
The raised price target by Raymond James indicates a positive outlook for Alamo Group. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100