Stifel lowered the firm’s price target on Leslie’s (LESL) to $1.90 from $2.25 and keeps a Sell rating on the shares. The firm is updating its 2025 pool category estimates, slightly reducing the discretionary unit demand outlook, noting that with its revision it is reducing its Pool Corp. (POOL), Latham Group (SWIM) and Hayward (HAYW) FY25 estimates to account for the updated remodel and new construction outlooks.
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