EF Hutton Maintains Buy on Alamo Group, Raises Price Target to $235
Portfolio Pulse from richadhand@benzinga.com
EF Hutton analyst Tim Moore maintains a 'Buy' rating on Alamo Group (NYSE:ALG) and raises the price target from $215 to $235.
August 04, 2023 | 3:17 pm
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POSITIVE IMPACT
EF Hutton maintains a 'Buy' rating on Alamo Group and raises the price target from $215 to $235, indicating positive sentiment towards the stock.
The raised price target by EF Hutton 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