Stephens & Co. Maintains Overweight on GMS, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Trey Grooms maintains an Overweight rating on GMS (NYSE:GMS) and raises the price target from $85 to $87.
September 01, 2023 | 3:02 pm
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POSITIVE IMPACT
Stephens & Co. maintains an Overweight rating on GMS and raises the price target from $85 to $87, which could potentially lead to an increase in the stock's price.
The raised price target by Stephens & Co. indicates a positive outlook for GMS. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100