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UBS upgrades SiteOne Landscape Supply, predicts 6.03% gain

EditorAmbhini Aishwarya
Published 09/27/2023, 01:12 PM
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UBS has upgraded SiteOne Landscape Supply (NYSE: NYSE:SITE) to a Buy rating on Tuesday, forecasting a potential gain of 6.03%. The Swiss global financial services company's report delves into the annual revenue and non-GAAP EPS of SiteOne Landscape Supply, while also scrutinizing the institutional sentiment towards the company.

The report further details the activities of shareholders, providing insights into their holdings in SiteOne Landscape Supply. This information offers a broader perspective on the market sentiment surrounding the firm and its prospects.

In addition to the upgrade, UBS's report outlines SiteOne Landscape Supply's expanding presence in Canada. This expansion signifies a strategic move by the company, potentially contributing to its growth and increased market share in the landscaping industry.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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