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Enter Symbol:
Valmont Industries, Inc. (VMI) [hlAlert]

Hold VMI
up 48.40 %

Valmont Industries, Inc. (VMI) downgraded to Hold by BB&T Capital Mkts

Posted on: Wednesday,  Jul 25, 2012  12:25 PM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Hold Valmont Industries, Inc. (NYSE: VMI) on 07/25/2012. Previously BB&T Capital Mkts rated Buy Valmont Industries, Inc. (NYSE: VMI)
on 12/02/2010., when the stock price was $83.69. Since then, Valmont Industries, Inc. has gained 48.40% as of 07/25/2012's recent price of $124.20.
If you would have followed the previous BB&T Capital Mkts's recommendation on VMI, you would have gained 48.4% of your investment in 601 days.

Valmont Industries, Inc. is a global producer of fabricated metal products and a producer of metal and concrete pole and tower structures in the engineered support structures and utilities support structures businesses, and are a global producer of mechanized irrigation systems in the irrigation business. The Company also provide metal coating services, including galvanizing, painting and anodizing in the coatings business. The pole and tower structures support outdoor lighting and traffic control fixtures, electrical transmission lines and related power distribution equipment, wireless communications equipment and highway signs. The mechanized irrigation equipment delivers water, chemical fertilizers and pesticides to agricultural crops. The Company operates in four business segments: engineered support structures, utility support structures, coatings and irrigation. In November 2008, the Company completed the acquisition of Stainton Metal Company Limited.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2012 12:25 PM Hold
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  36.79 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/2/2010 10:25 AM Buy
83.69 95.00

(*) Stock Price at the time of the recommendation.
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