Pool Corp. price target raised to $360 from $355 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Pool Corp. (POOL) to $360 from $355 and keeps a Buy rating on the shares. Pool Corp’s Q3 results and Q4 outlook reflect the benefits of company-specific initiatives to support share gains and improved profitability, the analyst tells investors in a research note. On the earnings call, the management also highlighted signs of firming demand across end-markets as headwinds to discretionary spend gradually abate, the firm added.