B of A Securities Maintains Buy on Builders FirstSource, Lowers Price Target to $183
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Rafe Jasrosich maintains a Buy rating on Builders FirstSource (NYSE:BLDR) but lowers the price target from $195 to $183.
June 06, 2024 | 5:37 pm
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on Builders FirstSource but lowers the price target from $195 to $183, indicating a positive outlook with some caution.
The maintained Buy rating suggests continued confidence in Builders FirstSource's performance, but the lowered price target indicates some caution regarding its short-term potential. This mixed signal is likely to result in a modest positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100