Alamo Group (ALG) Misses Q2 EPS by 8c

Go back to Alamo Group (ALG) Misses Q2 EPS by 8c

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