RBC Capital Maintains Outperform on Ferguson Enterprises, Raises Price Target to $219
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl has maintained an 'Outperform' rating on Ferguson Enterprises and raised the price target from $211 to $219.
September 18, 2024 | 11:43 am
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RBC Capital has reaffirmed its 'Outperform' rating for Ferguson Enterprises and increased the price target from $211 to $219, indicating confidence in the company's performance.
The increase in price target from $211 to $219 by RBC Capital suggests a positive outlook on Ferguson Enterprises' future performance. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100