tiprankstipranks

Distribution Solutions price target raised to $40 from $36 at Barrington

Barrington raised the firm’s price target on Distribution Solutions to $40 from $36 and keeps an Outperform rating on the shares following the Q1 report. The firm says a return to organic growth is still anticipated in the second half of 2024. The analyst believes multiple expansion will be warranted over time as Distribution executes its long-term strategy.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue