- Baird analyst Michael Halloran upgraded A.O. Smith Corp (NYSE:AOS) to Outperform from Neutral and raised the price target to $85 (implying an upside of 33.3%) from $82.
- Halloran believes an attractive entry point has materialized following its recent underperformance, which reflects a disconnect to the fundamental setup ahead on favorable price/cost dynamics, upside to volume expectations, and numerous buffer points to residential in 2022 and beyond.
- Price Action: AOS shares are trading higher by 4.04% at $63.64 on the last check Tuesday.
Recap: Acushnet Holdings Q2 Earnings
Shares of Acushnet Holdings (NYSE:GOLF) were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share were up 2060.00% year over year to $1.08, which beat the estimate of $0.76.
