UBS analyst Damian Karas lowered the firm’s price target on SiteOne Landscape to $190 from $200 and keeps a Buy rating on the shares following the Q3 results. Gross margin headwinds are transient, and demand is recovering and should remain resilient, the analyst tells investors in a research note.
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Read More on SITE:
- SiteOne Landscape price target lowered to $114 from $139 at Barclays
- SiteOne Landscape sees FY23 adjusted EBITDA $400M-$410M
- SiteOne Landscape reports Q3 EPS $1.25, consensus $1.45
- SiteOne Landscape price target lowered to $153 from $185 at Stifel
- SiteOne Landscape price target lowered to $139 from $144 at Barclays
