Argan downgraded by Lake Street with a new price target
$AGX
Engineering & Construction
Consumer Discretionary
Lake Street downgraded Argan from Buy to Hold and set a new price target of $150.00 from $85.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/28/2025 | $150.00 | Hold → Buy | Lake Street |
| 12/3/2024 | $85.00 → $150.00 | Buy → Hold | Lake Street |
8-K - ARGAN INC (0000100591) (Filer)
10-Q - ARGAN INC (0000100591) (Filer)
8-K - ARGAN INC (0000100591) (Filer)
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces that Bobby Foister, Jr., Chief Executive Officer of The Roberts Company, Inc. ("TRC"), a wholly owned subsidiary of Argan, as part of a long term succession plan, resigned from his role effective April 30, 2025 to take a reduced supporting position at TRC. As planned, Sean Terrell, who has served as President of TRC since 2023, assumed the additional role of Chief Executive Officer. Mr. Foister will continue to serve as Chairman of TRC's Board and will assist with the leadership transition and work in various other capacities to ensure continued success and operational continuity. David Watson, President and Chief Executive
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") announced today the appointment of Lisa Larroque Alexander to its Board of Directors. Ms. Alexander serves as Senior Vice President at Sempra (NYSE:SRE), a leading energy infrastructure company with a $43 billion market capitalization and a workforce of 22,000. She leads global corporate affairs and enterprise human resources, overseeing public policy, stakeholder engagement, talent development, pensions and trusts, and corporate ethics, sustainability, and human resources. With extensive experience at Sempra and its subsidiaries, Ms. Alexander has led strategy, research and development, public policy, industrial customer operations, and s
Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") is pleased to announce the appointment of Brian Orlandi as the Chief Executive Officer of its subsidiary, SMC Infrastructure Solutions ("SMCiS"). Brian Orlandi brings a wealth of experience and a proven track record in the infrastructure and construction sectors, making him the ideal leader to guide SMCiS into its next phase of growth and innovation. With over 25 years of industry experience, Mr. Orlandi has demonstrated exceptional leadership in driving operational excellence, fostering strategic partnerships, and spearheading transformative growth initiatives. Prior to joining SMCiS, Mr. Orlandi served as Vice President and General Manage