Stifel analyst W. Andrew Carter lowered the firm’s price target on Pool Corp. (POOL) to $310 from $360 and keeps a Hold rating on the shares after updating estimates for Hayward (HAYW) and Pool Corp. ahead of the latter’s Q2 earnings scheduled for July 25. The firm believes the late June Pool update rightsized pool category expectations for more challenging 2024 dynamics followed by a slower 2025 recovery, but adds that the outperformance from last week’s July CPI release has pushed Pool shares to “a level sporting limited room for error.”
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