In a report published Friday, D.A. Davidson analyst John B. Rogers reiterated a Neutral rating on Aegion Corp. AEGN, and raised the price target from $17.00 to $20.00.
In the report, D.A. Davidson noted, "Aegion reported a GAAP loss of $0.90 per share from continuing operations, well below our estimate of an $0.11 per share loss and earnings of $0.38 last year. Adjusted earnings, which exclude restructuring, impairment and other charges, increased to $0.48 from $0.40 last year. These results are shown in the attached model."
Aegion closed on Thursday at $17.68.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in