Alta Equipment price target lowered to $17 from $20 at Northland

Northland lowered the firm’s price target on Alta Equipment (ALTG) to $17 from $20 and keeps an Outperform rating on the shares after the company reported Q4 results last week. The firm, which notes it left its FY26 sales forecast essentially unchanged and increased its adjusted EBITDA and pro forma free cash flow forecast, continues to find the company’s shares “attractive.”