Miller Industries Faces Ongoing Activist Investor Campaign, Analyst Adds Tow Truck Company To STAMPEDE List
MLRMiller Industries(MLR) Benzinga·2024-10-02 22:23

Shares of Miller Industries Inc MLR have risen almost 48% year to date. The company has been added to the STAMPEDE list due to the ongoing activism campaign, according to DA Davidson. Analyst Michael Shlisky initiated coverage of Miller Industries with a Buy rating and price target of $82. The Miller Industries Thesis: The activist has asked Miller Industries to consider several changes to its board and business practices as well as deliberate on an outright sale of the company, Shlisky said in the initiati ...