KeyBanc Downgrades Watsco (WSO) to Sector Weight Following Channel Checks, 'Slow Start to the Summer'

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Go back to KeyBanc Downgrades Watsco (WSO) to Sector Weight Following Channel Checks, 'Slow Start to the Summer'

Watsco (WSO) now appropriately valued - KeyBanc

July 10, 2023 9:23 AM EDT

Watsco (NYSE: WSO) was cut to Sector Weight from Overweight at KeyBanc Capital Markets on Monday without a price target.

The firm's analyst Jeffrey Hammond told investors in a note that their heating, ventilation, and air conditioning (HVAC) checks show a slow... More