Zacks Initiates Coverage of Smith-Midland With Neutral Recommendation

Zacks Investment Research has recently initiated the coverage of Smith-Midland Corporation (SMID) with a "Neutral" recommendation. The company, a leader in precast concrete products, has demonstrated solid revenue growth, improved operational efficiency and strategic market expansion. Yet, it faces significant risks that warrant a balanced outlook. However, potential investors should be aware of the challenges highlighted in the report. Rising costs for key raw materials, such as cement and steel, could squ ...