RBC Capital Maintains Sector Perform on GMS, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl has maintained a 'Sector Perform' rating on GMS Inc. (NYSE:GMS) and increased the price target from $68 to $70.
December 08, 2023 | 5:34 pm
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RBC Capital analyst Mike Dahl reaffirmed a 'Sector Perform' rating on GMS and raised the price target to $70, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a positive sentiment towards GMS's stock performance in the short term. As price targets often influence investor expectations and can lead to price movements, this revised target may result in a short-term increase in GMS's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100