Stephens & Co. Reiterates Overweight on Watsco, Maintains $450 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Tommy Moll has reiterated an Overweight rating on Watsco (NYSE:WSO) and maintained a $450 price target.
August 28, 2023 | 12:48 pm
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Watsco's stock rating has been reiterated as Overweight by Stephens & Co. with a maintained price target of $450.
The reiteration of an Overweight rating by Stephens & Co. indicates their positive outlook on Watsco's stock. This could potentially attract investors and drive the stock price up in the short term. The maintained price target of $450 also suggests that the analyst believes the stock is currently undervalued.
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IMPORTANCE 80
RELEVANCE 100