KeyBanc downgraded Hayward (HAYW) to Sector Weight from Overweight without a price target The firm sees risk to pool recovery momentum in 2025 given a “stubbornly high” interest rate environment. This will continue to hold back new pool and remodel and upgrade investment, the analyst tells investors in a research note. KeyBanc says that with no clear line of sight to pool improvement, it sees 2025 as another transition year for Hayward.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Questions or Comments about the article? Write to editor@tipranks.com