DA Davidson Downgrades A.O. Smith to Neutral, Announces $80 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson has downgraded A.O. Smith from Buy to Neutral, setting a price target of $80.
October 23, 2024 | 10:49 am
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DA Davidson downgraded A.O. Smith from Buy to Neutral, with a new price target of $80, indicating a more cautious outlook.
The downgrade from Buy to Neutral by DA Davidson suggests a less optimistic view on A.O. Smith's stock performance. The $80 price target may indicate limited upside potential, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100