SiteOne Landscape price target raised to $157 from $150 at RBC Capital

RBC Capital analyst Mike Dahl raised the firm’s price target on SiteOne Landscape to $157 from $150 and keeps a Sector Perform rating on the shares after its Q4 earnings beat and guidance. The firm sees some risks to the guide embedding organic volumes to rise low-to-mid single digits against uneven end markets and flatter margin performance, though it also sees M&A likely helping to support the guide, the analyst tells investors in a research note.