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Ferguson price target raised to $240 from $200 at Truist
TipRanks
Thu, Jun 5, 2025, 8:45 AM 1 min read
In This Article:
Truist analyst Keith Hughes raised the firm’s price target on Ferguson (FERG) to $240 from $200 and keeps a Buy rating on the shares after its Q3 earnings beat and higher FY25 sales forecast. The company’s growth comes versus most peers that are still seeing a contraction in this business, while its volume was positive, led by double-digit gains in HVAC, Waterworks and Commercial/Industrial segments, the analyst tells investors in a research note.
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