UBS Maintains Buy on Ferguson Enterprises, Raises Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Lovallo maintains a Buy rating on Ferguson Enterprises and raises the price target from $228 to $236.
September 18, 2024 | 1:19 pm
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UBS analyst John Lovallo has reaffirmed a Buy rating for Ferguson Enterprises and increased the price target from $228 to $236, indicating confidence in the company's future performance.
The increase in the price target from $228 to $236 by UBS suggests a positive outlook on Ferguson Enterprises' future performance. The reaffirmation of the Buy rating indicates continued confidence from the analyst, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100