Jefferies Reiterates Hold Rating on Leslie's (LESL)

Jefferies analyst Jonathan Matuszewski reiterated a Hold rating and $3.25 price target on Leslie's (NASDAQ: LESL).

The analyst comments "CEO Michael Egeck has departed & Jason McDonell will join as CEO, effective 9/9/24. Given recent share price performance, we see investors welcoming change. With pool season in seasonal markets wrapping up over the coming weeks, McDonell has several months to ramp ahead of Memorial Day '25. We walk away from our chat with CFO Bowman appreciating Jason's recent tenure at AAP and commonalities between aftermarket Auto & aftermarket Pool. Reiterate Hold."

For an analyst ratings summary and ratings history on Leslie's click here. For more ratings news on Leslie's click here.

Shares of Leslie's closed at $3.07 yesterday.

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