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Benzinga
Benzinga
Business
Shivani Kumaresan

Stifel Is Bullish On This Outdoor Living Products Provider - Read Why

Nasdaq Pool Corp
  • Stifel analyst W. Andrew Carter initiated coverage of Pool Corporation (NASDAQ:POOL) with a Buy rating and $485 price target, implying a 12.6% upside.
  • The analyst notes that the category's resiliency is underappreciated given the indicators suggesting continued strength.
  • Carter estimates a 12.9% compound annual revenue growth rate for FY21-FY23.
  • Related: Pool Corp's Q4 Earnings Smashes Estimates
  • Price Action: POOL shares closed higher by 1.34% at $430.74 on Monday.
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