Benchmark Maintains Buy on Installed Building Prods, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Reuben Garner maintains a Buy rating on Installed Building Products (IBP) and raises the price target from $250 to $270.
May 14, 2024 | 2:19 pm
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Benchmark analyst Reuben Garner reaffirmed a Buy rating on Installed Building Products and increased the price target to $270, indicating a positive outlook on the company's stock.
The increase in price target by a reputable analyst suggests a strong conviction in the company's future performance. This typically leads to positive investor sentiment and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100