Columbus McKinnon Reports Record Net Sales, Gross Margin and Operating Income in Fiscal 2024

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DA Davidson Reiterates Buy Rating on Columbus McKinnon (CMCO)

May 30, 2024 5:18 AM EDT

DA Davidson analyst Matt Summerville reiterated a Buy rating and $50.00 price target on Columbus McKinnon (NASDAQ: CMCO).

The analyst comments "We reduced our core growth outlook by ~150bps to +1.5% to reflect a slightly lower volume expectation and a reversion to Y/Y price... More