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Jefferies Upgrades AO Smith (AOS) to Buy

July 20, 2011 7:35 AM EDT
Get Alerts AOS Hot Sheet
Price: $62.72 +0.93%

Rating Summary:
    11 Buy, 18 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 2
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Jefferies upgraded AO Smith (NYSE: AOS) from Hold to Buy and raised their price target from $46 to $53.

The firm cited, "...the stability of its core business and our expectations of the potential earnings benefits from the EPC divestiture and purchase of Lochinvar."

For more ratings news on AO Smith click here and for the rating history of AO Smith click here.

Shares of AO Smith closed at $43.15 yesterday.


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