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0.000348607506681547 0.00218848045861253 0.00398961924313426 0.00429949258240699 0.00447379633574766 0.00861835224851851 0.0103807568656312 0.00596506178099688
Stock impact report

Barclays Stays Selective in Building Products as Ferguson (FERG) Heads Into Q4 [Yahoo! Finance]

Ferguson plc Ordinary Shares (FERG) 
Company Research Source: Yahoo! Finance
On January 15, Barclays analyst Matthew Bouley raised his price target on Ferguson Enterprises Inc. (NYSE:FERG) to $278 from $267 and reiterated an Overweight rating on the stock. The update came as Barclays refreshed its targets across the homebuilding and building products space ahead of fourth-quarter earnings. In his note to investors, Bouley said builders continue to face margin pressure as demand remains “choppy” and inventory levels stay elevated. He also pointed to government policy as a mixed factor, “driving potential negatives and positives together,” which adds another layer of uncertainty for the sector. Against that backdrop, Barclays said it is staying selective within building products as companies head into Q4 reporting. During the company's third-quarter 2025 earnings call, CEO Kevin Murphy said Ferguson continued to execute its growth strategy well despite a difficult market backdrop. He reported sales of $8.2 billion, representing a 5% increase from the prior Show less Read more
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