Baird Maintains Outperform on Beacon Roofing Supply, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Manthey maintains an Outperform rating on Beacon Roofing Supply (NASDAQ:BECN) but lowers the price target from $117 to $115.

August 02, 2024 | 3:22 pm
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Baird analyst David Manthey maintains an Outperform rating on Beacon Roofing Supply but lowers the price target from $117 to $115.
The Outperform rating suggests continued confidence in the stock's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This mixed signal is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100