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WSO / KeyBanc Upgrades Watsco To Overweight, Sees Notable Upside

KeyBanc Upgrades Watsco To Overweight, Sees Notable Upside
KeyBanc analyst Jeffrey Hammond upgraded Watsco Inc (NYSE: WSO) to Overweight from Sector Weight with a price target of $320, implying an upside of 23%. The analyst believes pessimism around the residential HVAC cycle has gotten too negative near-term, while he has gotten "increasingly comfortable" that a significant portion of Watsco's recent gross margin improvement is sustainable long-term. Read More
Posted: Feb 14 2022, 15:15
Author Name: Benzinga
Views: 102748

WSO News  

Up 1,690% Over the Last 20 Years, Is This Super Stock Still a Buy?

By The Motley Fool
October 27, 2023

Up 1,690% Over the Last 20 Years, Is This Super Stock Still a Buy?

The company's end demand is robust and relies on the need to repair and replace heating, ventilation, air conditioning, and refrigeration equipment. I more_horizontal

Watsco's (WSO) Q3 Earnings & Revenues Top Estimates, Shares Up

By Zacks Investment Research
October 20, 2023

Watsco's (WSO) Q3 Earnings & Revenues Top Estimates, Shares Up

Watsco's (WSO) third-quarter 2023 results reflect record sales, EPS and operating profit. more_horizontal

Watsco (WSO) Q3 Earnings and Revenues Top Estimates

By Zacks Investment Research
October 19, 2023

Watsco (WSO) Q3 Earnings and Revenues Top Estimates

Watsco (WSO) came out with quarterly earnings of $4.35 per share, beating the Zacks Consensus Estimate of $4.31 per share. This compares to earnings o more_horizontal

Why Earnings Season Could Be Great for Watsco (WSO)

By Zacks Investment Research
October 18, 2023

Why Earnings Season Could Be Great for Watsco (WSO)

Watsco (WSO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. more_horizontal

Watsco (WSO) Reaches 52-Week High: What's Driving the Stock?

By Zacks Investment Research
October 11, 2023

Watsco (WSO) Reaches 52-Week High: What's Driving the Stock?

Watsco (WSO) benefits from solid technology spending and bolt-on acquisitions. more_horizontal

Strength Seen in Watsco (WSO): Can Its 6.2% Jump Turn into More Strength?

By Zacks Investment Research
September 28, 2023

Strength Seen in Watsco (WSO): Can Its 6.2% Jump Turn into More Strength?

Watsco (WSO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the sto more_horizontal

Watsco (WSO) Boosts Market Presence With Gateway Supply Buyout

By Zacks Investment Research
September 7, 2023

Watsco (WSO) Boosts Market Presence With Gateway Supply Buyout

Watsco (WSO) enhances its position in the HVAC/R industry through the strategic acquisition of Gateway Supply Company, Inc. more_horizontal

Here's Why You Should Add Watsco (WSO) Stock to Your Portfolio

By Zacks Investment Research
July 4, 2023

Here's Why You Should Add Watsco (WSO) Stock to Your Portfolio

Watsco (WSO) benefits from solid technological investments and acquisition strategies. Also, solid sales growth of HVAC equipment adds to the company' more_horizontal


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