Stephens & Co. Maintains Equal-Weight on Beacon Roofing Supply, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Trey Grooms maintains an Equal-Weight rating on Beacon Roofing Supply (NASDAQ:BECN) but lowers the price target from $107 to $95.
August 05, 2024 | 3:55 pm
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Stephens & Co. analyst Trey Grooms maintains an Equal-Weight rating on Beacon Roofing Supply but lowers the price target from $107 to $95.
The lowered price target from $107 to $95 suggests a less optimistic outlook for Beacon Roofing Supply, which could negatively impact investor sentiment and short-term stock price.
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