Stifel analyst W. Andrew Carter lowered the firm’s price target on Leslie’s to $17 from $20 and keeps a Buy rating on the shares as he updated his estimates and outlook ahead of the company’s fiscal Q4 earnings release and investor day meeting. He estimates Q4 revenue and EBITDA will come in at the high end of the company’s outstanding guidance range, but believes initial FY23 outlook will "likely be conservative," Carter tells investors in his preview note.
Published first on TheFly
