Jefferies Reiterates Buy Rating on Leslie's (LESL) Following Hurricane Ian

Jefferies analyst Jonathan Matuszewski reiterated a Buy rating and $25.00 price target on Leslie's (NASDAQ: LESL) following hurricane Ian.

The analyst commented, "Hurricane Ian will have a much more important impact than consumer spending on pool chemicals and equipment damage, but with equities moving on the storm’s path, we address comp sales implications in the following note. Big picture, we expect a comp lift in F'1Q tied to elevated chemical spend and equipment replacement."

For an analyst ratings summary and ratings history on Leslie's click here. For more ratings news on Leslie's click here.

Shares of Leslie's closed at $15.07 yesterday.

You May Also Be Interested In

• Leslie's, Inc. (LESL) Misses Q2 EPS by 110c
• UBS Reiterates Buy Rating on HF Sinclair (DINO)
• SoundThinking (SSTI) PT Lowered to $8 at Cantor Fitzgerald