RBC Capital Maintains Sector Perform on Installed Building Prods, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl maintains a Sector Perform rating on Installed Building Products (IBP) and raises the price target from $216 to $220.
May 10, 2024 | 3:14 pm
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POSITIVE IMPACT
RBC Capital has maintained its Sector Perform rating on Installed Building Products and increased the price target from $216 to $220.
The increase in price target by RBC Capital suggests a positive outlook on the stock's future performance, potentially leading to short-term price appreciation. The maintenance of a Sector Perform rating indicates a stable outlook without significant overperformance expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100