Why The Narrative Around Alta Equipment Group Is Shifting After Analyst Resets And Buyback Completion

Alta Equipment Group (ALTG) is experiencing a shift in investor narrative due to analyst recalibrations and the completion of its share buyback program. Analysts, while maintaining confidence in long-term growth, have issued cautious resets with modest revenue upgrades but unchanged discount rates, reflecting concerns over tariffs, competition, and earnings visibility. The company recently completed a significant share repurchase, and investors are now watching for its next capital allocation strategy.