Raymond James Initiates Coverage On Ferguson with Outperform Rating, Announces Price Target of $175
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Sam Darkatsh has initiated coverage on Ferguson (NYSE:FERG) with an Outperform rating and a price target of $175.
September 01, 2023 | 11:21 am
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Raymond James has initiated coverage on Ferguson with an Outperform rating and a price target of $175, which could positively impact the stock's performance.
The Outperform rating from Raymond James indicates that they expect Ferguson's stock to do better than the market average. This, combined with the price target of $175, suggests a positive outlook for the stock, which could lead to an increase in its price in the short term.
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