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Manufacturers Life Insurance Buys Stake in Valmont Industries

Valmont Industries logoValmont Industries
Sig1.25Sen+0.85Env0.00Soc0.00Gov0.00

The Manufacturers Life Insurance Company acquired 16,822 shares of Valmont Industries valued at about $9.72 million and held roughly 0.09% based on its latest SEC filing. Leonteq Securities also bought a new position. Stifel raised its price target to $678, while Zacks cut the stock to hold. Valmont reported quarterly revenue of $1.12 billion, above the $1.09 billion estimate.

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