Raymond James Maintains Outperform on Eagle Materials, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Patrick Tyler Brown has maintained an Outperform rating on Eagle Materials (NYSE:EXP) and increased the price target from $170 to $230.
January 29, 2024 | 1:42 pm
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Raymond James analyst has reaffirmed an Outperform rating on Eagle Materials and raised the price target to $230, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100