DA Davidson analyst Brent Thielman raised the firm’s price target on Comfort Systems USA to $170 from $135 and keeps a Buy rating on the shares after its Q4 earnings beat. The company is experiencing "substantial demand" for its services as evidenced by its significant backlog and bookings gains, along with a reportedly very robust bid pipeline that reflects appetite for securing skilled craft mechanical/electrical labor for industrial/commercial projects, the analyst tells investors in a research note.
Published first on TheFly
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