UBS Maintains Buy on Ferguson, Raises Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Lovallo maintains a Buy rating on Ferguson (NYSE:FERG) and raises the price target from $225 to $236.
March 06, 2024 | 5:42 pm
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UBS analyst John Lovallo maintains a Buy rating on Ferguson and raises the price target from $225 to $236.
The upgrade in price target by UBS analyst John Lovallo for Ferguson indicates a positive outlook on the company's future performance. This is likely to instill confidence in investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100