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Investing.com - DA Davidson has raised its price target on Valmont Industries (NYSE:VMI) to $400.00 from $325.00 while maintaining a Neutral rating on the stock. The company, currently trading at $353.56, has demonstrated strong momentum with a 29% return over the past year and maintains an impressive 47-year streak of consecutive dividend payments.
The firm increased its estimates for the company based on Valmont’s three-to-four-year potential that was conveyed with earnings, including a scenario analysis.
DA Davidson noted that this potential is largely reinforced by internal initiatives, though market conditions still need to cooperate for the company to achieve its suggested targets.
The research firm maintained its Neutral stance on Valmont stock, citing the recent share price recovery and continued near-term headwinds in the agriculture sector.
Despite the cautious rating, DA Davidson acknowledged the attractive earnings potential implied by Valmont’s long-term targets in the out years.
In other recent news, Valmont Industries reported its second-quarter 2025 earnings, exceeding market expectations. The company achieved an adjusted earnings per share (EPS) of $4.88, surpassing the forecasted $4.71. Additionally, Valmont’s revenue outperformed predictions, reaching $1.05 billion against an anticipated $1.03 billion. These results highlight the company’s strong financial performance during this period. The earnings announcement was well-received by investors. The positive results may influence future analyst evaluations. However, no specific analyst upgrades or downgrades have been reported at this time. These developments are part of Valmont Industries’ recent news.
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