UBS Maintains Neutral on Watsco, Raises Price Target to $340
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Damian Karas maintains a Neutral rating on Watsco (NYSE:WSO) and raises the price target from $280 to $340.

May 23, 2023 | 1:01 pm
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UBS analyst Damian Karas maintains a Neutral rating on Watsco and raises the price target from $280 to $340.
The news directly mentions Watsco (NYSE:WSO) and the price target increase from $280 to $340 by UBS analyst Damian Karas. However, the Neutral rating remains unchanged, indicating that the analyst does not expect significant short-term price movement. The impact on WSO's stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100