Baird analyst David Manthey lowered the firm’s price target on Watsco (WSO) to $540 from $560 and keeps an Outperform rating on the shares. The firm updated its model following Q1 report which showed seasonally light results but keeping the long-term story unchanged.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WSO: