Should You Buy Alta Equipment Group Inc (ALTG) Today? Analysis, Price Targets, and 2026 Outlook.
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Growth
Profitability
Efficiency
Wall Street analysts forecast ALTG stock price to rise
3 Analyst Rating
Wall Street analysts forecast ALTG stock price to rise
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 6.750
Low
6.75
Averages
11.25
High
20
Current: 6.750
Low
6.75
Averages
11.25
High
20
Raymond James
Market Perform -> Outperform
upgrade
AI Analysis
2026-03-09
Reason
Raymond James
Price Target
AI Analysis
2026-03-09
upgrade
Market Perform -> Outperform
Reason
Raymond James upgraded Alta Equipment to Outperform from Market Perform with a price target of $9.50, up from $6.75. The firm cites the company's robust 2026 guidance and improving macro backdrop for the upgrade. Greenshoots are emerging across Alta's construction and materials handling end-markets, the firm says.
Northland
Outperform
to
NULL
downgrade
$20 -> $17
2026-03-04
Reason
Northland
Price Target
$20 -> $17
2026-03-04
downgrade
Outperform
to
NULL
Reason
Northland lowered the firm's price target on Alta Equipment 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."
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