Barclays Maintains Overweight on Ferguson, Raises Price Target to $208
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Overweight rating on Ferguson (NYSE:FERG) and increased the price target from $185 to $208.
December 07, 2023 | 11:15 am
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Barclays analyst Matthew Bouley maintains an Overweight rating on Ferguson and raises the price target to $208.
The increase in price target by Barclays reflects a positive outlook on Ferguson's stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100