Northland Securities Initiates AO Smith At Outperform

Analysts at Northland Securities initiated coverage on shares of AO Smith (NYSE: AOS) with an “outperform” rating.

The target price for AO Smith is set to $57.

AO Smith shares have jumped 27.34% over the past 52 weeks, while the S&P 500 index has gained 19.69% in the same period.

AO Smith's shares fell 2.56% to close at $48.26 yesterday.