Builders FirstSource shares are trading higher after Truist Securities upgraded the stock from Hold to Buy and raised its price target to $220.
Portfolio Pulse from Benzinga Newsdesk
Builders FirstSource shares rose following an upgrade by Truist Securities from Hold to Buy, with a new price target of $220.
September 16, 2024 | 1:00 pm
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POSITIVE IMPACT
Builders FirstSource received an upgrade from Truist Securities, moving from Hold to Buy, and a price target increase to $220, boosting investor confidence.
The upgrade from Truist Securities and the increased price target suggest a positive outlook for Builders FirstSource, likely leading to increased investor interest and a short-term rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100