Loop Capital Maintains Buy on Beacon Roofing Supply, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Garik Shmois has maintained a Buy rating on Beacon Roofing Supply (NASDAQ:BECN) and increased the price target from $110 to $115.
April 01, 2024 | 3:09 pm
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POSITIVE IMPACT
Beacon Roofing Supply's Buy rating was maintained by Loop Capital, with the price target raised from $110 to $115.
The increase in the price target by a reputable analyst suggests a positive outlook on the company's future performance, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100