Baird lowered the firm’s price target on A.O. Smith to $80 from $92 and keeps a Neutral rating on the shares. The firm noted they negatively pre-announced 3Q results/lowered full-year guidance given weaker China consumer demand and pressured North American WH orders.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AOS:
Questions or Comments about the article? Write to editor@tipranks.com