Valmont Industries (VMI) Tops Q4 EPS by 16c, Revenue Beats

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Valmont Industries (VMI) PT Raised to $160 at Stifel Following 4Q

February 23, 2017 9:07 AM EST

Stifel raised its price target on Valmont Industries (NYSE: VMI) to $160.00 (from $153.00) while maintaining a Hold rating.

Analyst Nathan Jones commented, "Valmont reported 4Q16 revenue of $674.6 million (Stifel $637.5 million, Street $630.7 million) and adjusted EPS of $1.61 (Stifel $1.49, Street $1.45). Adjusted EPS excludes the... More