Stephens & Co. Reiterates Overweight on Watsco, Maintains $500 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Tommy Moll has reiterated an Overweight rating on Watsco (NYSE:WSO) and maintained a $500 price target on the stock.
April 25, 2024 | 5:33 pm
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Stephens & Co. analyst Tommy Moll reaffirmed an Overweight rating on Watsco, with a price target of $500, indicating a positive outlook on the stock.
The reiteration of an Overweight rating and maintenance of a $500 price target by a reputable analyst like Tommy Moll from Stephens & Co. suggests a strong conviction in Watsco's stock performance. This endorsement is likely to instill confidence among investors, potentially driving the stock's price upward in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100