Griffon price target raised to $95 from $92 at Raymond James

Raymond James analyst Sam Darkatsh raised the firm’s price target on Griffon (GFF) to $95 from $92 and keeps a Strong Buy rating on the shares. Demand remains soft, but margins are stable to improving, helped by firm pricing, mix, and internal sourcing initiatives, the analyst tells investors in a research note. The firm still believes that a sale of the company is possible at some point.