DA Davidson initiated coverage on Legato Merger Corp. II with a new price target
$LGTO
Consumer Electronics/Appliances
Industrials
DA Davidson initiated coverage of Legato Merger Corp. II with a rating of Buy and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/14/2022 | $13.00 | Buy | DA Davidson |
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
GRAPEVINE, Texas, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland"), and Legato Merger Corp. II (NASDAQ:LGTO, LGTOU, LGTOW))) ("Legato II"), announced today they have completed their previously announced business combination. The post-merger company will operate as Southland Holdings, Inc. and is expected to change its trading symbols from LGTO and LGTOW to SLND and SLNDW. Southland will continue to provide world class construction services under the leadership of its current management. "Today marks a historic milestone in the evolution of our company and is a testament to the 120 years of hard-working men and women who make Southland who we are today. We are proud
GRAPEVINE, Texas, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced today that a subsidiary in its Transportation segment, Johnson Bros., has been awarded a $50 million contract to improve and maintain streets and related infrastructure for the City of Dallas Public Works Department in Dallas, Texas. The project is expected to provide better driving conditions for the public along with improved residential and commercial driveways. The scope of work covers over 120 concrete and asphalt streets throughout the City of Dallas. This contract will be Southland's 5th contract in the last 5 years with the City of Dallas Public Works Department. Construction is e
GRAPEVINE, Texas, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced today that a subsidiary in its Transportation segment, Johnson Bros., has been awarded a $102 million contract to construct the Nelson Road Extension and Bridge for the Louisiana Department of Transportation and Development in Lake Charles, Louisiana. The scope of work includes a 28-span bridge over a navigable bayou and roadway construction. The project is expected to help alleviate traffic congestion for the community and create a direct route over the bayou. Construction is expected to start in 2023. About Southland Southland is a leading provider of specialized infrastructure construc
DA Davidson initiated coverage of Legato Merger Corp. II with a rating of Buy and set a new price target of $13.00
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
424B3 - Southland Holdings, Inc. (0001883814) (Filer)
10-Q - Southland Holdings, Inc. (0001883814) (Filer)
8-K - Southland Holdings, Inc. (0001883814) (Filer)
GRAPEVINE, Texas, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced financial results for the quarter ended September 30, 2022. Revenue of $335 million, an increase of 6% compared to the quarter ended September 30, 2021Operating income increased 228% to $46.8 million for the three months ended September 30, 2022, compared to $14.3 million in the three months ended September 30, 2021Operating income increased 89% to $61.7 million for the nine months ended September 30, 2022, compared to $32.6 million in the nine months ended September 30, 2021EBITDA increased 143% to $59.6 million for the three months ended September 30, 2022, compared to $24.6 million in th
NEW YORK and GRAPEVINE, Texas, May 25, 2022 (GLOBE NEWSWIRE) -- Privately held Southland Holdings, LLC ("Southland"), and Legato Merger Corp. II (NASDAQ:LGTO, LGTOU and LGTOW))) ("Legato II"), a special purpose acquisition company, today jointly announced that they have signed a definitive agreement for a business combination transaction (the "Business Combination"), which would result in Southland becoming a direct wholly-owned subsidiary of Legato II. As a wholly-owned subsidiary of Legato II, Southland will continue to execute its growth strategies under the leadership of Southland's current management. Legato II's Board of Directors will include five directors designated by Southlan
SC 13G/A - Southland Holdings, Inc. (0001883814) (Subject)
SC 13G/A - Southland Holdings, Inc. (0001883814) (Subject)
SC 13G - LEGATO MERGER CORP. II (0001883814) (Subject)