Truist Securities Reiterates Hold on Beacon Roofing Supply, Maintains $85 Price Target
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Keith Hughes has reiterated a 'Hold' rating on Beacon Roofing Supply (NASDAQ:BECN) and maintained a price target of $85.
July 10, 2023 | 12:02 pm
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NEUTRAL IMPACT
Beacon Roofing Supply's stock rating has been reiterated as 'Hold' by Truist Securities with a maintained price target of $85.
The reiteration of the 'Hold' rating and maintained price target by Truist Securities indicates that the analyst believes the stock is fairly valued at its current price. This is likely to have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100