Truist Securities Maintains Buy on Installed Building Prods, Lowers Price Target to $160-Report released on 8th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes has maintained a 'Buy' rating on Installed Building Products (NYSE:IBP) but lowered the price target from $170 to $160.
November 09, 2023 | 10:40 pm
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Truist Securities has maintained a 'Buy' rating on Installed Building Products but lowered the price target from $170 to $160.
The news is directly about Installed Building Products (IBP). While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100