Goldman Sachs Maintains Neutral on Installed Building Prods, Raises Price Target to $158
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari maintains a Neutral rating on Installed Building Products (NYSE:IBP) and raises the price target from $142 to $158.
August 04, 2023 | 1:29 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Installed Building Products and raises the price target from $142 to $158.
The news is directly about Installed Building Products (IBP). Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no major changes in the company's performance. However, the increase in price target from $142 to $158 suggests a positive outlook on the company's future performance. This could potentially influence investors' decisions, but the Neutral rating suggests no immediate impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100