Watsco (WSO) Misses Q1 EPS by 9c

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Watsco (WSO) PT Raised to $163 at Stifel

April 26, 2017 7:54 AM EDT

Stifel raised its price target on Watsco (NYSE: WSO) to $163.00 (from $152.00) while maintaining a Buy rating following Q1 results.

Despite the headline miss, analyst Robert McCarthy is encouraged by managements commentary regarding strong double digit sales growth trends in April. Management noted... More