- Loop Capital analyst Scott Graham initiated coverage on Altra Industrial Motion Corp (NASDAQ:AIMC) with a Buy rating and a price target of $58, implying an upside of 44%.
- Graham thinks management’s sales and margin enhancement strategies will steer solid earnings growth in the next several quarters and a modest sales acceleration in Q2 of 2023 through 2024.
- The analyst believes the shares as undervalued based on the current levels.
- Price Action: AIMC shares are trading lower by 0.91% at $40.24 on the last check Friday.
C&F Financial Q3 EPS $1.85 Down From $2.13 YoY
C&F Financial (NASDAQ:CFFI) reported quarterly earnings of $1.85 per share. This is a 13.15 percent decrease over earnings of $2.13 per share from the same period last year.
