Citigroup Maintains Neutral on Ferguson Enterprises, Raises Price Target to $221
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Neutral rating on Ferguson Enterprises (NYSE:FERG) but raises the price target from $203 to $221.
September 18, 2024 | 6:10 pm
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Citigroup has maintained its Neutral rating on Ferguson Enterprises but increased the price target from $203 to $221, indicating a positive outlook on the stock's potential.
The increase in price target from $203 to $221 by Citigroup suggests a positive outlook for Ferguson Enterprises, which could lead to a short-term price increase. However, the Neutral rating indicates that the stock may not outperform the market significantly.
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IMPORTANCE 80
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