Raymond James analyst Sam Darkatsh raised the firm’s price target on Griffon (GFF) to $95 from $92 and keeps a Strong Buy rating on the shares. Demand remains soft, but margins are stable to improving, helped by firm pricing, mix, and internal sourcing initiatives, the analyst tells investors in a research note. The firm still believes that a sale of the company is possible at some point.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GFF: