Griffon price target raised to $100 from $92 at Baird

Baird raised the firm’s price target on Griffon (GFF) to $100 from $92 and keeps an Outperform rating on the shares ahead of the Q2 report. The firm’s says its residential building product channel checks remained “sluggish” in Q2 amid weaker new construction starts and tariff uncertainty. As such, Baird prefers stocks with company-specific value drivers.