Pool Corp. price target raised to $370 from $330 at Wells Fargo

Wells Fargo raised the firm’s price target on Pool Corp. to $370 from $330 and keeps an Equal Weight rating on the shares as part of a Q3 earnings preview for the builders group. In builders, the firm urges “greater selectivity” on the back of recent outperformance, with the shares “embedding relief and potentially limiting upside.” In building products, Wells says the trough timing remains uncertain.