Valmont price target raised to $475 from $450 at Stifel

Stifel raised the firm’s price target on Valmont (VMI) to $475 from $450 and keeps a Buy rating on the shares after the company reported a Q3 beat and raised 2025 EPS by 60c at the midpoint. Accretive growth is expected to continue as management positions the company to capture growth in the North American utility cycle, the analyst tells investors.