Goldman Sachs Maintains Neutral on Summit Materials, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Neutral rating on Summit Materials (NYSE:SUM) and raises the price target from $43 to $49.

March 14, 2024 | 10:20 am
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Summit Materials and raises the price target from $43 to $49.
The increase in price target by Goldman Sachs suggests a positive outlook on the stock's future performance, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the stock might not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100