A.O. Smith upgraded at BMO Capital As noted earlier, BMO Capital upgraded A.O. Smith to Outperform from Market Perform. The firm expects the company to benefit from continued growth in China and a rebound in construction activity. Target to $57 from $55.
A.O. Smith CEO confident in ability to achieve 8% annual revenue growth Ajita Rajendra, chairman and CEO, said. "We remain confident we can continue to perform at a high level and enable the corporation to achieve its long-term growth model of approximately 8% annual organic sales growth."