DA Davidson upgraded its rating of Alamo Group (NYSE:ALG) to Buy with a price target of $196.00, changing its price target from $173.00 to $196.00.
Shares of Alamo Group are trading up 4.9% over the last 24 hours, at $178.00 per share.
A move to $196.00 would account for a 10.11% increase from the current share price.
About Alamo Group
Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural …
