Citigroup Maintains Buy on Eagle Materials, Raises Price Target to $311
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari has maintained a Buy rating on Eagle Materials (NYSE:EXP) and increased the price target from $244 to $311. This adjustment reflects a positive outlook on the company's future performance.

April 05, 2024 | 3:46 pm
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Citigroup maintains a Buy rating on Eagle Materials and raises the price target from $244 to $311, indicating a positive outlook.
The increase in the price target by a reputable analyst like Anthony Pettinari from Citigroup usually signals a strong bullish sentiment towards the company's stock. This is based on the expectation of improved performance or favorable market conditions for Eagle Materials, which could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100