Barclays Maintains Overweight on Ferguson, Lowers Price Target to $232
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Overweight rating on Ferguson (NYSE:FERG) but lowers the price target from $236 to $232.
June 05, 2024 | 3:08 pm
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NEUTRAL IMPACT
Barclays analyst Matthew Bouley maintains an Overweight rating on Ferguson but lowers the price target from $236 to $232.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100