Mizuho analyst Brett Linzey lowered the firm’s price target on Watsco (WSO) to $490 from $525 and keeps a Neutral rating on the shares. The company reported a shortfall on revenue and operating margin, the analyst tells investors in a research note. The firm reduced estimates to reflect a softer outlook.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WSO:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue