Gabelli Maintains Valmont Industries Buy (VMI)

Gabelli & Company maintained its Valmont Industries VMI Buy rating in a research report published today. In the report, Gabelli states, "4Q results reflect a profitable end to a challenging 2010. Outlook reflects some improvement in the businesses, particularly irrigation, which should be poised for significant growth in 2011." Shares of Valmont Industries were at $112.40 in last Friday's after market trading, up 1.94% from last Friday's market close.