BofA analyst Shaun Calnan raised the firm’s price target on Latham Group (SWIM) to $7 from $6.20 and keeps an Underperform rating on the shares. The firm, which forecasts Q3 earnings slightly below the consensus for most building product manufacturers and distributors, lowered its 2025 and 2026 forecasts for the building products names under coverage by about 1% on average.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SWIM: