Oppenheimer Reiterates Outperform on Builders FirstSource, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Tyler Batory has reiterated an Outperform rating on Builders FirstSource (NYSE:BLDR) but has lowered the price target from $242 to $230.
July 29, 2024 | 1:43 pm
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Oppenheimer has reiterated an Outperform rating on Builders FirstSource but has lowered the price target from $242 to $230.
The reiteration of the Outperform rating is positive, but the lowered price target may indicate some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100