Raymond James Maintains Strong Buy on Construction Partners, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown has reaffirmed a Strong Buy rating on Construction Partners (NASDAQ:ROAD) and increased the price target from $45 to $49.
December 01, 2023 | 12:36 pm
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Raymond James analyst reaffirmed a Strong Buy rating on Construction Partners and raised the price target to $49.
The upgrade in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100