Leslie’s price target lowered to $1.30 from $1.55 at Stifel

Stifel analyst W. Andrew Carter lowered the firm’s price target on Leslie’s (LESL) to $1.30 from $1.55 and keeps a Sell rating on the shares. The firm is taking a “cautious approach” to estimates, as Leslie’s requires a meaningful second half acceleration and is “sporting limited room for error,” the analyst tells investors.