Baird Maintains Outperform on Beacon Roofing Supply, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Manthey has maintained an Outperform rating on Beacon Roofing Supply (NASDAQ:BECN) and raised the price target from $115 to $117.
May 03, 2024 | 11:06 am
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Baird analyst David Manthey reaffirmed an Outperform rating on Beacon Roofing Supply and increased the price target to $117 from $115.
The increase in price target by Baird reflects a positive outlook on Beacon Roofing Supply's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
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