RBC Capital Reiterates Outperform on Ferguson, Maintains $177 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl has reiterated an Outperform rating on Ferguson (NYSE:FERG) and maintained a price target of $177.

October 04, 2023 | 1:51 pm
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RBC Capital's reiteration of an Outperform rating and maintenance of a $177 price target on Ferguson could potentially boost investor confidence.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, RBC Capital's reiteration of an Outperform rating and maintenance of a $177 price target on Ferguson could be seen as a positive endorsement of the company's prospects, potentially boosting investor confidence and the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100