Comfort Systems USA price target raised to $630 from $465 at DA Davidson

DA Davidson raised the firm’s price target on Comfort Systems USA (FIX) to $630 from $465 and keeps a Buy rating on the shares. The firm says the company’s “evident” business momentum continues, more than likely supporting upside to forecasts over the near- and medium-term, while confidence is increasing that latest macroeconomic factors – including tariffs – are having limited impact thus far, the analyst tells investors in a research note. Elevated levels of cash flow should correspond with higher levels of earnings for Comfort Systems, DA Davidson added.