Baird Maintains Outperform on Watsco, Raises Price Target to $460
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Manthey maintains an Outperform rating on Watsco (NYSE:WSO) and raises the price target from $420 to $460.
April 25, 2024 | 11:08 am
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Baird analyst David Manthey has maintained an Outperform rating on Watsco and increased the price target from $420 to $460.
The increase in price target by Baird reflects a positive outlook on Watsco's performance, suggesting potential upside for the stock. This analyst action can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100