Wells Fargo lowered the firm’s price target on Pool Corp. to $360 from $385 and keeps an Equal Weight rating on the shares. Pool still has its long-term merits, but the print left Wells with questions and the near-term risk-reward now skews a bit more negative, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on POOL:
- Pool Corporation Unveils Insightful Performance and Strategy Update
- Pool Corp. sees FY24 EPS $13.19 to $14.19, consensus $13.27
- Pool Corp. reports Q1 EPS $2.04, consensus $1.91
- POOL Earnings this Week: How Will it Perform?
- Pool Corporation Announces First Quarter 2024 Earnings Release Date and Conference Call
