Baird Maintains Outperform on Ferguson Enterprises, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Manthey maintains an Outperform rating on Ferguson Enterprises and raises the price target from $222 to $225.
September 18, 2024 | 11:19 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Baird analyst David Manthey has reaffirmed an Outperform rating for Ferguson Enterprises and increased the price target from $222 to $225, indicating a positive outlook.
The reaffirmation of an Outperform rating and a slight increase in the price target from $222 to $225 by a reputable analyst suggests a positive sentiment towards Ferguson Enterprises. This could lead to a short-term positive impact on the stock price as investors may view the stock as undervalued or having growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100