Jefferies Maintains Hold on Installed Building Prods, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Philip Ng maintains a Hold rating on Installed Building Prods (NYSE:IBP) and raises the price target from $118 to $150.
July 13, 2023 | 3:19 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Jefferies analyst maintains a Hold rating on IBP and raises the price target from $118 to $150.
The news is directly about IBP and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the Hold rating suggests that the stock is currently fairly valued. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100