Griffon Corporation (GFF) Soars 2.38% on Strong Earnings, Analyst Ratings

Griffon Corporation (GFF) shares surged 2.38% today, marking the second consecutive day of gains, with a total increase of 3.33% over the past two days. The stock price reached its highest level since February 2025, with an intraday gain of 2.78%.

Analysts' ratings have played a significant role in the recent performance of Griffon Corporation's stock. Raymond James Financial reiterated a "strong-buy" rating for the company, setting a target price of $100.00. This positive sentiment from analysts has likely contributed to the upward momentum in the stock price.

Additionally, Griffon Corporation's earnings release on May 08, 2025, showed actual earnings exceeding market expectations. This positive earnings surprise has likely triggered a favorable market response, further influencing the stock price upward. The combination of strong analyst ratings and better-than-expected earnings has created a bullish environment for Griffon Corporation's stock.