Truist Securities Maintains Buy on Summit Materials, Raises Price Target to $48
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Rohit Seth maintains a Buy rating on Summit Materials (NYSE:SUM) and raises the price target from $40 to $48.
August 07, 2023 | 3:13 pm
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POSITIVE IMPACT
Truist Securities maintains a Buy rating on Summit Materials and raises the price target from $40 to $48.
The raised price target by Truist Securities indicates a positive outlook for Summit Materials. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100