Analysts Say American Vangaurd's (AVD) Price Already Reflects Growth Prosopects

Imperial Capital maintained an In-Line rating on American Vanguard Corp. (NYSE: AVD) and raised its price target to $29.00 (from $28.00).

Commenting on the company's recent earnings report, analyst said "AVD beat our and the Street's estimates on continued strong demand for granular corn soil insecticides and cotton defoliants, which has led to better pricing and operating leverage."

However, while Imperial Capital remains positive on American Vanguard Corp.'s prospects, they believe its current share price already reflects growth expectations.

For an analyst ratings summary and ratings history on American Vanguard Corp. click here. For more ratings news on American Vanguard Corp. click here.

Shares of American Vanguard Corp. closed at $31.75 yesterday.

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