Goldman Sachs Maintains Buy on TopBuild, Raises Price Target to $419
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari has maintained a Buy rating on TopBuild (NYSE:BLD) and increased the price target from $369 to $419.
January 11, 2024 | 1:49 pm
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POSITIVE IMPACT
Goldman Sachs analyst Susan Maklari reaffirms a Buy rating on TopBuild and raises the price target to $419, indicating a positive outlook on the stock.
The increase in price target by a reputable investment bank like Goldman Sachs typically signals a strong conviction in the company's future performance and is often taken positively by the market. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100