A.O. Smith (AOS) to Acquire Pureit

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DA Davidson Reiterates Buy Rating on AO Smith (AOS)

July 15, 2024 1:01 PM EDT

DA Davidson analyst Matt Summerville reiterated a Buy rating and $95.00 price target on AO Smith (NYSE: AOS).

The analyst comments "This morning, AOS announced it had entered into an agreement to acquire Pureit, a $60M residential water purification business based in South Asia, for... More