RBC Capital Reiterates Sector Perform on Summit Materials, Maintains $38 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl has reiterated a 'Sector Perform' rating on Summit Materials (NYSE:SUM) and maintained a $38 price target.
February 13, 2024 | 3:28 pm
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RBC Capital maintains a 'Sector Perform' rating on Summit Materials with a $38 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the $38 price target by RBC Capital suggests a neutral outlook on Summit Materials. This indicates that the analyst believes the stock is fairly valued at its current price, suggesting no significant short-term price movement is expected.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90