Jefferies Assumes Builders FirstSource at Buy, Lowers Price Target of $185
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Collin Verron assumes coverage of Builders FirstSource (NYSE:BLDR) with a Buy rating but lowers the price target to $185.
August 09, 2024 | 12:22 pm
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Jefferies analyst Collin Verron assumes coverage of Builders FirstSource with a Buy rating, but lowers the price target to $185.
The Buy rating from Jefferies is a positive signal for investors, indicating confidence in the stock's potential. However, the lowered price target to $185 suggests tempered expectations for growth. Overall, the news is likely to have a positive short-term impact on BLDR's stock price due to the Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100