Alta Equipment Group (ALTG) PT Cut to $7 by DA Davidson Following Q3 Earnings Miss

Alta Equipment Group Inc. (NYSE:ALTG) is one of the best NYSE penny stocks to invest in right now. On November 12, DA Davidson cut the firm’s price target on Alta Equipment to $7 from $8 with a Neutral rating on the shares after the company posted its Q3 2025 earnings miss. The company saw a loss per share of $1.31 in the said quarter. Given these circumstances, DA Davidson is now lowering its adjusted EBITDA outlook for 2025 and 2026 due to the impact of tariffs, the presence of mixed end markets, and the ...