Alamo Group Inc. Announces The Appointment Of A New Board Member

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Go back to Alamo Group Inc. Announces The Appointment Of A New Board Member

Piper Jaffray Remains Bullish on Alamo Group (ALG) Following Soft 2Q

August 8, 2016 8:32 AM EDT

Piper Jaffray reiterated an Overweight rating on Alamo Group (NYSE: ALG), and raised the price target to $70.00 (from $68.00), following the company's 2Q earnings report. Revenue of $212M fell below Street expectations, and EPS of $0.92 was below the Street at $1.00.

Analyst Brett Wong... More