Goldman Sachs Maintains Buy on Installed Building Prods, Raises Price Target to $216
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari has reaffirmed a Buy rating on Installed Building Products (NYSE:IBP) and increased the price target from $196 to $216.
January 11, 2024 | 1:21 pm
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POSITIVE IMPACT
Goldman Sachs analyst Susan Maklari maintains a Buy rating on Installed Building Products and raises the price target from $196 to $216.
The reaffirmation of a Buy rating by Goldman Sachs, coupled with an increased price target, suggests a positive outlook for Installed Building Products. This endorsement from a reputable analyst is likely to instill confidence in investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100