JPMorgan adds Valmont to Analyst Focus List, removes Armstrong

JPMorgan added Valmont (VMI) to the firm’s Analyst Focus List as a value idea while removing Armstrong World (AWI). Valmont is well positioned to benefit from grid modernization, nuclear momentum, and rising data center investments, the analyst tells investors in a research note. The firm views the company as a more attractive way to play the “evolving industrial landscape.”