RBC Capital Maintains Sector Perform Rating for GMS: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
RBC Capital has maintained its Sector Perform rating for GMS (NYSE:GMS) and raised its price target from $55.00 to $68.00. GMS shares are currently trading at $69.50, up 2.07% over the last 24 hours.
June 23, 2023 | 5:01 pm
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RBC Capital maintains Sector Perform rating for GMS and raises price target to $68. GMS shares are trading at $69.50, up 2.07% over the last 24 hours.
RBC Capital's decision to maintain its Sector Perform rating and raise the price target for GMS indicates a neutral outlook for the stock. The current share price is already above the new price target, suggesting that the stock may have limited upside potential in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100