Jefferies Maintains Hold on A.O. Smith, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Saree Boroditsky maintains a Hold rating on A.O. Smith (AOS) and raises the price target from $85 to $90.
April 12, 2024 | 5:49 pm
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Jefferies maintains a Hold rating on A.O. Smith and raises the price target from $85 to $90.
The increase in price target by Jefferies reflects a positive adjustment in their valuation of A.O. Smith, suggesting an optimistic outlook on the company's future performance. This could lead to increased investor confidence and potentially a short-term uplift in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100