Resideo Announces Second Quarter 2024 Financial Results

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Go back to Resideo Announces Second Quarter 2024 Financial Results

Evercore ISI Resumes Resideo Technologies (REZI) at Outperform

August 9, 2024 8:29 AM EDT

Evercore ISI analyst Amit Daryanani resumes coverage on Resideo Technologies (NYSE: REZI) with a Outperform rating and a price target of $25.00.

The analyst comments "ALL YOU NEED TO KNOW: Resideo delivered a solid quarter and the P&S business in particular continues to perform well with sizable margin expansion despite revenue declines. The First Alert business was a driver of the solid quarter and we continue to be impressed by how effectively Resideo... More