Truist raised the firm’s price target on CSW Industrials (CSW) to $292 from $271 and keeps a Hold rating on the shares. The stock fell after the company missed consensus sales and adjusted EBITDA, driven by continued weakness in Contractor Solutions, marking the third consecutive quarter of negative organic growth, the analyst tells investors in a research note. The firm adds that it will look to get more constructive given pull back in the name, although it needs more certainty the worst is in the past.
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