Goldman Sachs Maintains Buy Rating for Hayward Holdings, Lowers Price Target To $23

Goldman Sachs has decided to maintain its Buy rating of Hayward Holdings HAYW and lower its price target from $27.00 to $23.00.

Shares of Hayward Holdings are trading up 3.28% over the last 24 hours, at $17.34 per share.

A move to $23.00 would account for a 32.64% increase from the current share price.

About Hayward Holdings

Hayward Holdings Inc is a global designer, manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems. The products are offered under various brands namely AquaVac, AquaRite, ColorLogic, Navigator, OmniLogic, OmniHub, TriStar, Super Pump, TurboCell, pHin and others.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.