** Ferguson Enterprises FERG.N marginally up to $212 in pre-market trading
** Co trading at its highest level since Dec 2024
** Noting robust Q3 results, Barclays raises PT from $190 to $247, an upside of 16.9% to the stock's last close; maintains "overweight" rating
** "Although we suspect the FY guidance raise was mostly driven by 3Q strength, we think the tailwinds visible in 3Q should persist or improve even past 4Q"- Barclays
** Barclays raises 2025 adj EPS forecast from $8.81 to $9.43
** 14 brokerages rate it "buy" or higher, 8 rate it "hold"; median PT is $210- data compiled by LSEG
** YTD, stock up 21.8%, as of last close
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.