Citigroup Maintains Buy on Eagle Materials, Raises Price Target to $244
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari has reaffirmed a Buy rating on Eagle Materials (NYSE:EXP) and increased the price target from $234 to $244. This adjustment reflects Citigroup's continued confidence in the company's performance and outlook.
January 29, 2024 | 9:05 pm
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Citigroup's analyst has maintained a Buy rating on Eagle Materials and raised the price target to $244, indicating a positive outlook for the company's stock.
The increase in price target by Citigroup is a strong vote of confidence in Eagle Materials, likely leading to increased investor interest and a potential short-term rise in the stock price. The Buy rating reaffirmation and price target raise are directly related to the company's expected performance and are critical for investors considering this stock.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100