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Stock impact report

Wells Fargo Cuts Ferguson Enterprises (FERG) Price Target by $25 [Yahoo! Finance]

Ferguson Enterprises Inc. (FERG) 
Company Research Source: Yahoo! Finance
Wells Fargo lowered its price target on Ferguson Enterprises Inc. (NYSE:FERG) from $285 to $260 on April 8, 2026. The firm maintained an Overweight rating on the stock. Wells Fargo noted that housing stocks have underperformed the S&P 500 by 12 points since the Iran conflict began. According to the analyst, the sector remains risky ahead of Q1 earnings, driving the firm to maintain a selective approach toward companies reporting this quarter. In another development, on March 30, 2026, Morgan Stanley raised its price target on Ferguson Enterprises Inc. (NYSE:FERG) from 20,100 GBp to 21,100 GBp. The firm reiterated an Overweight rating on the company's stock. With its investors awaiting the first-quarter results and the company's conference call on Tuesday, May 5, 2026, Ferguson Enterprises Inc. (NYSE:FERG) maintains a consensus Buy rating from 25 analysts covering the stock as of April 24, 2026. The stock is expected to grow by an average of 6.31% over the next 12 months. Founded Show less Read more
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