Truist Securities Upgrades Builders FirstSource to Buy, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has upgraded Builders FirstSource (NYSE:BLDR) from Hold to Buy, raising the price target from $165 to $220.
September 16, 2024 | 11:57 am
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Truist Securities has upgraded Builders FirstSource from Hold to Buy, increasing the price target to $220, indicating a positive outlook.
The upgrade from Hold to Buy and the significant increase in the price target from $165 to $220 by Truist Securities suggests a strong positive sentiment towards Builders FirstSource. This is likely to lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100