Truist Securities Maintains Hold on Beacon Roofing Supply, Raises Price Target to $95
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Keith Hughes has maintained a 'Hold' rating on Beacon Roofing Supply (NASDAQ:BECN) and raised the price target from $85 to $95.
August 04, 2023 | 5:16 pm
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Beacon Roofing Supply's price target has been raised from $85 to $95 by Truist Securities, while maintaining a 'Hold' rating.
The news is directly related to Beacon Roofing Supply. The raised price target indicates a positive outlook, but the 'Hold' rating suggests that the stock is fairly valued at its current price. This could lead to a neutral short-term impact on the stock price.
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IMPORTANCE 70
RELEVANCE 100