Stephens & Co. Maintains Overweight on GMS, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Trey Grooms has maintained an Overweight rating on GMS Inc. (NYSE:GMS) and increased the price target from $87 to $98.
January 26, 2024 | 5:56 pm
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Stephens & Co. analyst Trey Grooms reaffirmed an Overweight rating on GMS Inc. and raised the price target to $98, indicating a positive outlook on the stock.
The increase in price target by Stephens & Co. reflects a bullish sentiment on GMS Inc. by the analyst, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100