Reported 2 days ago
Argan (AGX) has seen a surge following J.P. Morgan's upgrade to 'Overweight' with a new price target, buoying the stock to a record high after a year of significant growth. The company's focus on energy infrastructure aligns well with the increasing demand for AI capabilities, with a robust backlog of projects and strong financial health. Analysts remain optimistic, citing Argan's exposure to the evolving energy market and emphasizing its potential for sustainable growth.
Source: YAHOO