JP Morgan Maintains Neutral on Installed Building Prods, Lowers Price Target to $227
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut maintains a Neutral rating on Installed Building Products (IBP) and lowers the price target from $242 to $227.
May 13, 2024 | 2:38 pm
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JP Morgan analyst Michael Rehaut has maintained a Neutral rating on Installed Building Products but lowered the price target from $242 to $227.
The reduction in price target by a reputable analyst like Michael Rehaut could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Installed Building Products.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100