Barclays Maintains Overweight on Builders FirstSource, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Overweight rating on Builders FirstSource (NYSE:BLDR) and raises the price target from $166 to $200.
August 04, 2023 | 12:52 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Builders FirstSource and raises the price target from $166 to $200. This could potentially lead to an increase in the stock's price.
The raised price target by Barclays indicates a positive outlook for Builders FirstSource. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100