Comfort Systems USA price target raised to $1,310 from $1,140 at UBS

UBS raised the firm’s price target on Comfort Systems USA (FIX) to $1,310 from $1,140 and keeps a Buy rating on the shares. Comfort Systems USA should post strong Q4 results, supported by management’s bullish tone and a projected backlog of $10.5B-$10.7B, the analyst tells investors in a research note. While no guidance raise is expected, the stock could see short-term pressure if backlog falls short, though structural labor shortages and upside potential in estimates support a favorable longer-term view, the firm says.