Hayward price target raised to $20 from $19 at Baird

Baird analyst Michael Halloran raised the firm’s price target on Hayward (HAYW) to $20 from $19 and keeps a Neutral rating on the shares. The firm said they posted slight 3Q upside and raised the low end of guidance. Baird views 4Q range as realistic, recognizing 4Q pre-buy assumptions create seasonal variability.