JP Morgan Upgrades Watsco To Neutral

JP Morgan upgraded Watsco Inc. WSO from Underweight to Neutral. The price target for Watsco has been raised from $90.00 to $109.00. Watsco shares have gained 20.94% over the past 52 weeks, while the S&P 500 index has surged 13.92% in the same period. Watsco shares rose 1.12% to close at $116.96 on Friday.