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Fly News Breaks for October 12, 2018
WSO
Oct 12, 2018 | 08:16 EDT
Jefferies analyst Stephen Volkmann started Watsco with a Hold rating and $160 price target. The analyst views the valuation as fair at current share levels.
News For WSO From the Last 2 Days
WSO
Apr 25, 2024 | 06:42 EDT
Baird raised the firm's price target on Watsco to $460 from $420 and keeps an Outperform rating on the shares. The firm said 1Q24 results missed on revenue/EPS but a strong gross margin carried the day in a seasonally less significant period, and from here, Baird sees accelerating price/mix and volume momentum driven by full OEM price realization, initial A2L rollout at higher pricing, and easy comps.