Baird Maintains Neutral on Builders FirstSource, Lowers Price Target to $197
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Manthey has maintained a Neutral rating on Builders FirstSource (BLDR) and reduced the price target from $207 to $197.

May 08, 2024 | 11:07 am
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Baird analyst David Manthey maintains a Neutral rating on Builders FirstSource, with a price target reduction from $207 to $197.
The adjustment in price target by Baird reflects a recalibration of expectations for Builders FirstSource, likely due to market conditions or company performance insights. However, the maintenance of a Neutral rating suggests that the analyst sees neither significant upside nor downside risks in the short term, leading to a neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100