UBS analyst John Lovallo lowered the firm’s price target on Ferguson (FERG) to $220 from $225 and keeps a Neutral rating on the shares. The firm updated its model following the Q1 earnings report.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FERG:
- Ferguson price target lowered to $267 from $273 at Barclays
- Midday Fly By: Nvidia can ship H200s to China, Campbell’s reports Q1 beat
- Morning Movers: CVS rises, Home Depot falls after investor day updates
- Ferguson PLC: Strong Performance and Strategic Positioning Justify Buy Rating
- Ferguson reports Q1 adjusted EPS $2.84, consensus $2.72