Stifel Maintains Buy on A.O. Smith, Lowers Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones maintains a Buy rating on A.O. Smith but lowers the price target from $92 to $91.
October 23, 2024 | 4:09 pm
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NEUTRAL IMPACT
Stifel analyst Nathan Jones maintains a Buy rating on A.O. Smith but slightly lowers the price target from $92 to $91, indicating a minor adjustment in expectations.
The analyst's decision to maintain a Buy rating suggests continued confidence in A.O. Smith's performance. However, the slight reduction in the price target from $92 to $91 indicates a minor adjustment in expectations, which may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100