Builders FirstSource shares are trading lower after B of A Securities downgraded the stock from Buy to Neutral and lowered its price target from $183 to $180.
Portfolio Pulse from Benzinga Newsdesk
Builders FirstSource shares are trading lower after B of A Securities downgraded the stock from Buy to Neutral and lowered its price target from $183 to $180.
August 02, 2024 | 11:36 am
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Builders FirstSource shares are trading lower after B of A Securities downgraded the stock from Buy to Neutral and lowered its price target from $183 to $180.
The downgrade from Buy to Neutral by B of A Securities and the slight reduction in the price target from $183 to $180 are likely to negatively impact investor sentiment and lead to a short-term decline in Builders FirstSource's stock price.
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IMPORTANCE 80
RELEVANCE 100