Stephens & Co. Maintains Equal-Weight on Installed Building Prods, Raises Price Target to $168
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Trey Grooms maintains an Equal-Weight rating on Installed Building Prods (NYSE:IBP) and raises the price target from $140 to $168.
August 04, 2023 | 1:25 pm
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Installed Building Prods' price target has been raised from $140 to $168 by Stephens & Co. The rating remains at Equal-Weight.
The increase in price target indicates that the analyst sees potential for the stock's price to rise in the future. This could lead to increased investor interest and potentially a rise in the stock's price in the short term. However, the Equal-Weight rating suggests that the stock is expected to perform in line with the market or sector average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100