Reported 2 days ago
Oppenheimer analyst Bryan Blair has upgraded A.O. Smith (AOS) from Perform to Outperform, setting a price target of $88. This upgrade is based on the belief that A.O. Smith's earnings resilience is undervalued, with stock sentiment currently low. Despite limited short-term earnings visibility, the firm sees a strong margin of safety and medium-term earnings growth potential due to North American demand and recovery prospects in other markets.
Source: YAHOO