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

down 27.57 %

Valmont Industries, Inc. (VMI) rated Underweight with price target $74 by Piper Jaffray

Posted on: Wednesday,  Jan 6, 2010  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Underweight Valmont Industries, Inc. (NYSE: VMI) on 01/06/2010, when the stock price was $76.13. Since
then, Valmont Industries, Inc. has gained 38.08% as of 01/27/2016's recent price of $105.12.
If you would have followed this Piper Jaffray's recommendation on VMI, you would have lost 27.57% of your investment in 2212 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/6/2010 8:25 AM Sell
76.13 74.00
as of 12/31/2010
1 Week down  -5.53 %
1 Month down  -13.19 %
3 Months down  -26.42 %
1 YTD down  -20.22 %

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