Stephens & Co. Reiterates Overweight on Summit Materials, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Trey Grooms reiterated an Overweight rating on Summit Materials (NYSE:SUM) and maintained a $45 price target.
February 13, 2024 | 3:05 pm
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POSITIVE IMPACT
Stephens & Co. reaffirmed an Overweight rating on Summit Materials, with a $45 price target.
The reiteration of an Overweight rating and maintenance of a $45 price target by a reputable analyst firm like Stephens & Co. could instill confidence among investors, potentially leading to a positive short-term impact on Summit Materials' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100