Valmont price target raised to $425 from $387 at Stifel

Stifel raised the firm’s price target on Valmont (VMI) to $425 from $387 and keeps a Buy rating on the shares following “a strong finish to 2024” that saw Q4 revenue and EPS beat expectations and 2025 guided above consensus. Valmont also updated its capital allocation strategy, notes the analyst, who sees this, coupled with durable growth trends in the Infrastructure business and a potentially bottoming Agriculture business, leaving Valmont with “multiple pathways for the company to drive shareholder value creation.”