Downgrades Buy Neutral X

ALG Alamo Group

DA Davidson

$225

Downgrades Outperform Neutral X

ALG Alamo Group

Robert W. Baird

$224 $177

Initiated Outperform X

ALG Alamo Group

Robert W. Baird

$201

Initiated Outperform X

ALG Alamo Group

Raymond James

$215

Upgrades Neutral Buy X

ALG Alamo Group

DA Davidson

$173 $196

Initiated Neutral X

ALG Alamo Group

DA Davidson

$150

Upgrades Neutral Buy X

ALG Alamo Group

Sidoti

ALG  Alamo Group, Inc.

Alamo Group Inc. is engaged in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. The Company operates in Industrial, Agricultural and European segments. The Company's products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, pothole patchers, zero turn radius mowers, agricultural implements and related aftermarket. As of December 31, 2016, the Company operated 24 plants in North America, Europe, Australia and Brazil. The Company sells its products through a network of independent dealers and distributors to Governmental end users, related independent contractors, as well as to the agricultural and commercial turf markets. It also offers replacement parts for each of its wholegoods lines. The Company's products are sold through various marketing organizations, and dealer and distributor networks.