Wells Fargo raised the firm’s price target on Ferguson (FERG) to $230 from $190 and keeps an Overweight rating on the shares. The firm says that this was a solid quarter from just about every vantage, well ahead of virtually everyone into Q3 EPS. Shares are justifiably up, and Wells sees potential for momentum into FY26.
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Read More on FERG:
- Ferguson price target raised to $247 from $190 at Barclays
- Ferguson PLC’s Strong Q3 Performance and Optimistic Outlook Justify Buy Rating
- Ferguson PLC: Strong Q3 Performance and Market Position Justify Buy Rating
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- Ferguson rises 14.7%
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