Barclays Maintains Overweight on Ferguson Enterprises, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Overweight rating on Ferguson Enterprises and raises the price target from $229 to $245.
September 18, 2024 | 4:08 pm
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POSITIVE IMPACT
Barclays has reaffirmed its Overweight rating on Ferguson Enterprises and increased the price target from $229 to $245, indicating a positive outlook.
The increase in price target from $229 to $245 by Barclays suggests a positive outlook for Ferguson Enterprises, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100