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.
News For AOS From The Last 14 Days
Check below for free stories on AOS the last two weeks.
A.O. Smith: North America sustained housing recovery remains 'elusive' The company says it is benefiting, however, from strong residential replacement water heater business as well as strength in commercial water heater volumes. A.O. Smith has also said that its Chian business has exceeded two times the country's GDP growth.