WD-40 price target raised to $280 from $250 at Jefferies

Jefferies analyst Daniel Rizzo raised the firm’s price target on WD-40 (WDFC) to $280 from $250 and keeps a Hold rating on the shares. Q4 EPS of $1.23 was 11c below consensus and 13c below the firm’s estimate, while the 2025 EPS projection of $5.20-$5.45 was also below consensus of $5.69, though this excludes the home care businesses that will likely be divested in 2025, says the analyst, who adds that the firm’s underlying thesis, that share gains and new products will drive sales growth, is “intact.”