Sidoti upgrades Apogee Enterprises to Buy with shares down 40% from recent peak

As previously reported, Sidoti upgraded Apogee Enterprises (APOG) to Buy from Neutral with a $70 price target Shares are down 40% off a November peak and last closed at their lowest level in about a year, notes the analyst, who see this drop creating “a compelling entry point.” In addition to valuation, the firm cites its view that management “has built a better operational floor for the company.”