Stifel Maintains Buy on Construction Partners, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott maintains a Buy rating on Construction Partners (NASDAQ:ROAD) and raises the price target from $51 to $57, indicating a positive outlook on the company's stock.
February 12, 2024 | 2:09 pm
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Stifel analyst Stanley Elliott reaffirms a Buy rating on Construction Partners and increases the price target to $57 from $51, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Stanley Elliott from Stifel typically signals a strong bullish sentiment on the stock, likely leading to increased investor confidence and potentially a short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100