Builders FirstSource shares are trading. Jefferies raised its price target on the stock from $226 to $237.
Portfolio Pulse from Benzinga Newsdesk
Jefferies has increased its price target for Builders FirstSource (BLDR) from $226 to $237, indicating a positive outlook on the stock.
April 18, 2024 | 4:32 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Jefferies raised its price target for Builders FirstSource from $226 to $237, showing a bullish stance on the stock.
The increase in price target by a reputable financial institution like Jefferies typically signals a strong vote of confidence in the company's future performance and growth prospects. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100