The increase in the price target from $90 to $95 by Truist Securities reflects a positive outlook on Beacon Roofing Supply's future performance. Although the Hold rating suggests a cautious approach, the raised target indicates an expectation of some upward movement in the stock's price. This adjustment is likely based on an analysis of the company's fundamentals, market position, and potential for growth or profitability improvements. Investors might see this as a sign of confidence from the analyst, potentially leading to increased interest and a positive short-term impact on the stock price.