Barclays Maintains Equal-Weight on GMS, Raises Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Equal-Weight rating on GMS Inc. (NYSE:GMS) and increased the price target from $75 to $93.

March 05, 2024 | 11:38 am
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Barclays has maintained an Equal-Weight rating on GMS Inc. but raised the price target from $75 to $93.
The increase in price target by Barclays, a reputable financial institution, suggests a positive outlook on GMS Inc.'s financial health and future performance. This adjustment reflects an expectation of stronger performance or favorable market conditions for GMS, likely leading to increased investor confidence and potentially a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100