RBC Capital Upgrades Beacon Roofing Supply to Outperform, Raises Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl has upgraded Beacon Roofing Supply (NASDAQ:BECN) from Sector Perform to Outperform and raised the price target from $91 to $94.
October 05, 2023 | 10:17 am
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Beacon Roofing Supply has been upgraded to Outperform by RBC Capital, with a raised price target of $94.
The upgrade from RBC Capital is a positive signal for Beacon Roofing Supply. The raised price target indicates that the analyst sees potential for the stock's price to increase, which could attract investors and drive up the stock price in the short term.
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