RBC Capital Maintains Outperform on Ferguson, Raises Price Target to $159
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Mike Dahl maintains an Outperform rating on Ferguson (NYSE:FERG) and raises the price target from $150 to $159.
June 07, 2023 | 1:16 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Ferguson and raises the price target from $150 to $159.
RBC Capital's maintained Outperform rating and increased price target for Ferguson indicates a positive outlook for the stock. This news is likely to boost investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100