What To Know About Barclays's Downgrade of Latham Group

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Barclays downgraded its rating of Latham Group SWIM to Equal-Weight with a price target of $5.00, changing its price target from $7.00 to $5.00.

Shares of Latham Group are trading up 1.9% over the last 24 hours, at $3.22 per share.

A move to $5.00 would account for a 55.28% increase from the current share price.

About Latham Group

Latham Group Inc is a designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. It derives a majority of revenue from the United States.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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