Concrete Pumping price target lowered to $6.50 from $7.50 at Baird

Baird analyst Andrew Wittmann lowered the firm’s price target on Concrete Pumping to $6.50 from $7.50 and keeps a Neutral rating on the shares. The firm said they are incrementally negative on the shares as F3Q24 results fell well short on weaker core demand and bad weather.