Market Overview

UPDATE: Jefferies Raises PT on A.O. Smith Corporation Following Group Meeting

Share:
Related AOS
Gabelli Initiates A. O. Smith With Hold
Benzinga's Top Initiations
Deere Q2 Earnings Beat, Lags Y/Y on Soft Farm Economy - Analyst Blog (Zacks)

In a report published Wednesday, Jefferies analyst R. Scott Graham reiterated a Buy rating on A.O. Smith Corporation (NYSE: AOS), and raised the price target from $80.00 to $83.00.

In the report, Graham noted, “We sponsored a group meeting between the CEO and investors and are emboldened in our view that earnings visibility is high owing to multiple revenue streams. We sense 2013 has started reasonably well. We sensed nothing near term with M&A. We have edged up our forecasts and PT. AOS remains a top pick.”

A.O. Smith Corporation closed on Tuesday at $73.44.

Latest Ratings for AOS

DateFirmActionFromTo
May 2015GabelliInitiates Coverage onHold
Apr 2015JefferiesMaintainsBuy
Apr 2015OppenheimerInitiates Coverage onPerform

View More Analyst Ratings for AOS
View the Latest Analyst Ratings

Posted-In: JefferiesAnalyst Color Price Target Analyst Ratings

 

Related Articles (AOS)

Around the Web, We're Loving...