Wedbush Reiterates Outperform on Builders FirstSource, Maintains $175 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has reiterated an Outperform rating on Builders FirstSource (NYSE:BLDR) and maintained a price target of $175.
November 29, 2023 | 1:27 pm
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Wedbush analyst Jay McCanless reaffirmed an Outperform rating on Builders FirstSource, with a continued price target of $175.
The reiteration of an Outperform rating by a reputable analyst like Jay McCanless is a positive signal for investors, suggesting that the company's stock is expected to perform well. The maintained price target of $175 indicates that the analyst believes the stock has significant upside potential from its current level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100