Barclays Maintains Overweight on Builders FirstSource, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Overweight rating on Builders FirstSource (BLDR) and increased the price target from $235 to $240.
April 04, 2024 | 1:39 pm
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Barclays has maintained an Overweight rating on Builders FirstSource and raised the price target from $235 to $240.
The increase in price target by Barclays, a major financial institution, signals a strong confidence in Builders FirstSource's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100