Barclays Maintains Overweight on Ferguson, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Overweight rating on Ferguson (NYSE:FERG) and raises the price target from $175 to $185.
July 13, 2023 | 9:59 am
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Barclays maintains an Overweight rating on Ferguson and raises the price target from $175 to $185, indicating a positive outlook for the stock.
The raised price target by Barclays indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100