Griffon price target raised to $82 from $75 at Baird

Baird analyst Timothy Wojs raised the firm’s price target on Griffon to $82 from $75 and keeps an Outperform rating on the shares. The firm said they reported solid Q1 results and it remains a top idea, given value-creation opportunity,, underappreciated FCF/margin profile, self-help, and still-undemanding valuation.