JP Morgan Maintains Neutral on TopBuild, Raises Price Target to $314
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Michael Rehaut maintains a Neutral rating on TopBuild (NYSE:BLD) and raises the price target from $224 to $314.

August 07, 2023 | 3:40 pm
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JP Morgan maintains a Neutral rating on TopBuild and raises the price target from $224 to $314.
The news is directly about TopBuild. JP Morgan's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $224 to $314 suggests a positive long-term outlook. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100