Oppenheimer Maintains Outperform on Builders FirstSource, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Tyler Batory has maintained an 'Outperform' rating on Builders FirstSource (NYSE:BLDR) and raised the price target from $190 to $205.
September 03, 2024 | 1:13 pm
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Oppenheimer has reaffirmed its 'Outperform' rating for Builders FirstSource and increased the price target to $205, indicating confidence in the company's future performance.
The increase in price target from $190 to $205 by Oppenheimer suggests a positive outlook on Builders FirstSource's future performance. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100