Citigroup Maintains Buy on Summit Materials, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Buy rating on Summit Materials (NYSE:SUM) and raises the price target from $35 to $43.
July 14, 2023 | 3:31 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Summit Materials and raises the price target from $35 to $43, which could lead to an increase in the stock's price.
The raised price target by Citigroup indicates a positive outlook for Summit Materials. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100