Promising Growth Prospects and Market Penetration Drive Buy Rating for Alliance Laundry Holdings
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Citi analyst Kyle Menges maintains a Buy rating for Alliance Laundry Holdings, citing promising growth prospects and market penetration. The price target remains $32. Menges highlights strong quarterly performance, increased 2025 EBITDA forecast, and potential high single-digit annual revenue and EBITDA growth. The company's early stage in the commercial and industrial laundry market and U.S. laundromat industry advancements support this outlook. Bank of America Securities also reiterates a Buy rating with a $37 price target.
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