Truist Securities Maintains Hold on Beacon Roofing Supply, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes has maintained a 'Hold' rating on Beacon Roofing Supply (NASDAQ:BECN) and lowered the price target from $95 to $80.
October 17, 2023 | 3:49 pm
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Beacon Roofing Supply's price target has been lowered from $95 to $80 by Truist Securities, while maintaining a 'Hold' rating.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for Beacon Roofing Supply's stock in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100