Northcoast upgraded A.O. Smith to Buy from Neutral with a $90 price target. The firm sees the replacement business offering “stability” and the treatment business providing a “call option,” the analyst tells investors.
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Read More on AOS:
- A.O. Smith management to meet virtually with Seaport Research
- A.O. Smith targets adjusted EPS CAGR of 7%-9% in 2024-2028
- A.O. Smith raises FY23 adjusted EPS view to $3.70-$3.80 from $3.45-$3.60
- A.O. Smith reports Q3 EPS 90c, consensus 80c
- AOS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
