DA Davidson Maintains Buy on Alta Equipment Group, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Matt Summerville maintains a Buy rating on Alta Equipment Group (NYSE: ALTG) but lowers the price target from $22 to $20.

May 21, 2024 | 4:35 pm
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NEUTRAL IMPACT
DA Davidson analyst Matt Summerville maintains a Buy rating on Alta Equipment Group but lowers the price target from $22 to $20.
The maintained Buy rating suggests continued confidence in Alta Equipment Group's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100