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Hayward price target raised to $18 from $17.50 at Stifel

Stifel raised the firm’s price target on Hayward (HAYW) to $18 from $17.50 and keeps a Buy rating on the shares. Ahead of hosting management for a full day of meetings on Monday September 8, the analyst voices the belief that shares continue to undervalue the company’s pricing power and ability to build upon its top tier margin structure.

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