Pool Corp. price target lowered to $300 from $330 at Stifel

Stifel analyst W. Andrew Carter lowered the firm’s price target on Pool Corp. (POOL) to $300 from $330 and keeps a Hold rating on the shares. The firm is taking a more negative view of Q1 results and commentary with increased scrutiny for updated guidance inclusive of a weaker gross margin performance, noting that its FY25 estimates are moving to the low end of outstanding guidance.