ALTG Similar Chart Price Prediction
The price of ALTG is predicted to go up -1.63%, based on the high correlation periods with FUND. The similarity of these two price pattern on the periods is 94.49%.
ALTG
FUND
Down: -1.63%Similarity: 94.49%
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ALTG Analyst's Forecast
Bryan Fast
Raymond James
Hold
2024-11-14
Price Target
$10 → $9
Upside
+27.39%
Raymond James lowered the firm's price target on Alta Equipment Group to $9 from $10 and keeps a Market Perform rating on the shares. The company reported a "light" Q3 print and FY24 guidance, reflecting sustained pressures across the equipment landscape, the analyst tells investors in a research note. While management called out a positive demand shift following the recent U.S. election and believes a recovery will likely unfold through 2025 as excess supply fades, the firm said it is comfortable sticking to the sidelines until further clarity emerges.
Ted Jackson
Northland Capital Markets
Buy → Hold
2024-11-13
Price Target
$30 → $20
Upside
+159.4%
