Pool Corp. price target raised to $380 from $375 at Oppenheimer

Oppenheimer analyst Scott Schneeberger raised the firm’s price target on Pool Corp. to $380 from $375 and keeps an Outperform rating on the shares. Adverse weather and challenging macro trends were the main drivers of Pool’s Q2 underperforming consensus estimates, but 2024 could establish 2023 as a trough, the analyst tells investors in a research note.