Truist Securities Maintains Hold on Builders FirstSource, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes has maintained a Hold rating on Builders FirstSource (NYSE:BLDR) but has lowered the price target from $190 to $180.
May 08, 2024 | 12:53 pm
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Truist Securities maintains a Hold rating on Builders FirstSource, with a reduced price target from $190 to $180.
The reduction in price target by Truist Securities suggests a downward revision in the expected performance or valuation of Builders FirstSource. This could lead to a negative short-term impact on the stock price as investors adjust their expectations based on the new analyst target.
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IMPORTANCE 80
RELEVANCE 100