Pool Corp. price target lowered to $360 from $370 at Stifel

Stifel lowered the firm’s price target on Pool Corp. to $360 from $370 and keeps a Hold rating on the shares. Q1 results matched the firm’s estimates, but included a weaker underlying gross margin performance, says the analyst, who is slightly adjusting the firm’s outlook while remaining at the low end of updated FY24 guidance.