Stifel Maintains Buy on Valmont Industries, Raises Price Target to $266
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones has maintained a Buy rating on Valmont Industries (NYSE:VMI) and increased the price target from $264 to $266.

January 23, 2024 | 7:53 pm
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POSITIVE IMPACT
Stifel has reaffirmed a Buy rating on Valmont Industries and raised the price target slightly from $264 to $266.
The reaffirmation of a Buy rating by Stifel, along with a modest increase in the price target, is a positive endorsement for Valmont Industries. This suggests that Stifel's analysis sees continued upside potential for the stock, which could positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100