DA Davidson lowered the firm’s price target on Tecnoglass (TGLS) to $70 from $80 and keeps a Buy rating on the shares after its Q4 earnings miss. Cost pressures prevailed in the quarter and may continue over the near term, though the firm still sees an attractive margin profile with opportunities to grow in 2026, the analyst tells investors in a research note.
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Read More on TGLS:
- Tecnoglass Earnings Call: Record Growth Meets Margin Squeeze
- Tecnoglass reports Q4 adjusted EPS 63c, consensus 84c
- Tecnoglass board approves $100M increase to existing repurchase program
- Tecnoglass board approves plan to redomicile to U.S.
- Tecnoglass sees FY26 revenue $1.06B-$1.13B, consensus $1.08N
