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Hayward price target raised to $18 from $17 at KeyBanc
The Fly

Hayward price target raised to $18 from $17 at KeyBanc

KeyBanc analyst Jeffrey Hammond raised the firm’s price target on Hayward (HAYW) to $18 from $17 and keeps an Overweight rating on the shares. Following Hayward’s Q3 earnings, the firm walked away encouraged by the sustained strong execution on the margin line as demand tracks largely in line. Looking out, while KeyBanc acknowledges the 2025 backdrop remains somewhat uncertain as high rates persist, it continues to view the long-term risk/reward as positive and sees shares re-rating higher as investors better appreciate Hayward’s unique positioning within the attractive Pool market.

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