B. Riley Securities Maintains Buy on Builders FirstSource, Lowers Price Target to $187
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Builders FirstSource (NYSE:BLDR) but lowered the price target from $197 to $187.
August 07, 2024 | 4:40 pm
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NEUTRAL IMPACT
B. Riley Securities has maintained a Buy rating on Builders FirstSource (NYSE:BLDR) but lowered the price target from $197 to $187.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100