Goldman Sachs Maintains Buy on Eagle Materials, Raises Price Target to $238
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich has reaffirmed a Buy rating on Eagle Materials (NYSE:EXP) and increased the price target from $215 to $238, indicating a positive outlook on the company's stock.
January 26, 2024 | 2:26 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Goldman Sachs analyst Jerry Revich maintains a Buy rating on Eagle Materials and raises the price target from $215 to $238, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Jerry Revich from Goldman Sachs typically signals a strong conviction in the company's growth prospects and financial health. This can often lead to increased investor confidence and a potential rise in the stock price in the short term as the market reacts to the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100