Jefferies Maintains Hold on Beacon Roofing Supply, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Philip Ng maintains a Hold rating on Beacon Roofing Supply (NASDAQ:BECN) and raises the price target from $75 to $88.

July 13, 2023 | 3:11 pm
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Jefferies analyst maintains a Hold rating on Beacon Roofing Supply and raises the price target from $75 to $88.
The news is directly about Beacon Roofing Supply. The Hold rating indicates that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target suggests a positive outlook, but as the rating is Hold, it's not expected to have a significant impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100