Barclays Maintains Equal-Weight on Summit Materials, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adam Seiden maintains an Equal-Weight rating on Summit Materials (NYSE:SUM) and raises the price target from $40 to $45.
March 14, 2024 | 11:46 am
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Barclays maintains an Equal-Weight rating on Summit Materials and raises the price target from $40 to $45.
The increase in price target by Barclays reflects a positive outlook on Summit Materials, suggesting potential upside for the stock. This could lead to increased investor interest and potentially a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100