Stifel Maintains Hold on Pool, Raises Price Target to $370
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst W. Andrew Carter has maintained a Hold rating on Pool Corporation (NASDAQ:POOL) and increased the price target from $315 to $370.
December 20, 2023 | 3:41 pm
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POSITIVE IMPACT
Stifel analyst W. Andrew Carter maintains a Hold rating on Pool Corporation but raises the price target from $315 to $370, indicating a positive outlook on the stock's value.
The increase in price target by Stifel suggests an improved outlook on Pool Corporation's stock value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Hold rating indicates that the analyst does not see significant momentum or changes in the company's fundamentals to warrant a Buy rating at this time.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100