UBS Lifts Comfort Systems USA, Inc. (FIX) Price Target Buoyed by Strong Demand Environment

Comfort Systems USA, Inc. (NYSE:FIX) is one of the best growth stocks to buy and hold forever. On September 15, UBS reiterated a ‘Buy’ rating on the stock and increased its price target to $875 from $710. The price hike comes on the company demonstrating strong financial health with an over 70% year-to-date return.

UBS Lifts Comfort Systems USA, Inc. (FIX) Price Target Buoyed by Strong Demand Environment

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In addition, the research firm raised its price target, impressed by the company’s management reiterating that the company is facing a robust project environment. Bookings have extended into late 2026 for both traditional construction and modular projects.

UBS expects Comfort Systems to capitalize on the strong demand environment, especially on the backdrop of a skilled Labor shortage. The company had a strong second quarter, with 20% year-over-year revenue growth. The growth was driven by an 18.5% organic growth and 1.5% from acquisitions.

Comfort Systems USA, Inc. (NYSE:FIX) provides comprehensive mechanical, electrical, and plumbing (MEP) services for commercial and industrial construction, including design, installation, and ongoing maintenance. The company offers both traditional and modular construction solutions for a wide range of market sectors and building types.

While we acknowledge the potential of FIX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FIX and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.