Baird Maintains Outperform on Watsco, Raises Price Target to $522
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Manthey maintains an Outperform rating on Watsco (NYSE:WSO) and raises the price target from $460 to $522.
July 31, 2024 | 4:20 pm
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POSITIVE IMPACT
Baird analyst David Manthey maintains an Outperform rating on Watsco and raises the price target from $460 to $522, indicating strong confidence in the company's future performance.
The raised price target and maintained Outperform rating from a reputable analyst suggest a positive outlook for Watsco, likely leading to increased investor confidence and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100