Baird analyst Timothy Wojs lowered the firm’s price target on Latham Group to $6 from $8 and keeps an Outperform rating on the shares. The analyst said Q3 results were mixed, with implied Q4 results meaningfully below expectations, driven by continued destocking, customer ordering delays, and the return to normal seasonality.
Published first on TheFly
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- Latham Group price target lowered to $7 from $11 at Barclays
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