Northland Securities Initiates AO Smith At Outperform

Analysts at Northland Securities initiated coverage on shares of AO Smith

with an “outperform” rating. The target price for AO Smith is set to $57. AO Smith shares have jumped 27.34% over the past 52 weeks, while the S&P 500 index has gained 19.69% in the same period. AO Smith's shares fell 2.56% to close at $48.26 yesterday.