Pool Corp. price target raised to $345 from $305 at Loop Capital

Loop Capital raised the firm’s price target on Pool Corp. to $345 from $305 but keeps a Hold rating on the shares after its Q2 earnings beat. The stock moved 10% higher on the day in part to short covering and in part to a belief that the negative estimate revision cycle that the company has seen the last several quarters is now in the past, the analyst tells investors in a research note.