Pool Corp. price target lowered to $225 from $290 at Stephens
Stephens lowered the firm's price target on Pool Corp. to $225 from $290 and keeps an Overweight rating on the shares. Aside from "modest fluctuations" in gross margins and expenses, the firm is "encouraged" by the top-line outperformance and continues to recommend Pool for long-term investors, the analyst tells investors in a post-earnings note.
Stephens lowered the firm's price target on Pool Corp. to $225 from $290 and keeps an Overweight rating on the shares.
Aside from "modest fluctuations" in gross margins and expenses, the firm is "encouraged" by the top-line outperformance and continues to recommend Pool for long-term investors, the analyst tells investors in a post-earnings note.