Core Viewpoint - Apogee Enterprises, Inc. has experienced a shift in analyst sentiment, reflected in the increasing consensus price targets, indicating changing market conditions and expectations for future performance [1][4]. Price Target Changes - Last month, analysts set an average price target of $95 for Apogee, suggesting strong positive sentiment and expectations of significant growth, linked to the company's recent performance [2][6]. - The average price target for Apogee was $71 in the last quarter, marking a substantial increase from the previous quarter, reflecting growing optimism despite challenges [3]. - A year ago, the average price target was $68, which has increased by $27, indicating growing confidence in Apogee's performance and potential [4]. Financial Performance - Apogee exceeded expectations for its second-quarter earnings and revenue, primarily due to gains in its UW Solutions segment, despite facing margin pressures from tariffs and an unfavorable product mix [2][6]. - Management has projected revenue for fiscal year 2026 to be between $1.39 billion and $1.42 billion, with adjusted earnings per share (EPS) expected to decrease to a range of $3.60 to $3.90 due to margin headwinds [3][6]. Valuation and Market Position - Apogee is considered attractively valued both on an absolute and relative basis, trading at low multiples compared to its peers, which may contribute to the positive sentiment among analysts [4][5]. - The company has been upgraded to a Zacks Rank 2 (Buy), indicating increased optimism regarding its earnings potential [5].