Oppenheimer Initiates Coverage On Builders FirstSource with Outperform Rating, Announces Price Target of $220
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Tyler Batory has initiated coverage on Builders FirstSource (NYSE:BLDR) with an Outperform rating and set a price target of $220.

January 19, 2024 | 10:18 am
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Builders FirstSource has been given an Outperform rating and a price target of $220 by Oppenheimer analyst Tyler Batory.
The initiation of coverage by Oppenheimer with an Outperform rating typically indicates a positive outlook on the stock's performance. The announcement of a price target significantly higher than the current market price suggests that the analyst sees substantial upside potential, which could positively influence investor sentiment and potentially drive the stock price up in the short term.
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