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 15, 2024 | 2:36 pm
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Stephens & Co. analyst Trey Grooms reiterated an Overweight rating on Summit Materials and maintained 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. is likely to instill confidence among investors and could positively influence Summit Materials' stock price in the short term. The specific mention of the company and the reaffirmation of the price target suggest a strong belief in the company's potential for growth or continued performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100