Truist Securities Maintains Hold on Installed Building Prods, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Hold rating on Installed Building Products (NYSE: IBP) and raised the price target from $235 to $240.
August 02, 2024 | 1:05 pm
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Truist Securities has maintained its Hold rating on Installed Building Products (NYSE: IBP) and raised the price target from $235 to $240.
The raised price target from $235 to $240 indicates a positive outlook from Truist Securities, which could lead to a short-term increase in IBP's stock price. However, the Hold rating suggests that the stock may not outperform the market significantly.
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