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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GFF: