B of A Securities Maintains Neutral on Builders FirstSource, Raises Price Target to $198
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Builders FirstSource (NYSE:BLDR) while raising the price target from $165 to $198.
September 19, 2024 | 5:34 pm
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B of A Securities has maintained a Neutral rating on Builders FirstSource but increased the price target from $165 to $198, indicating a positive outlook despite the neutral stance.
The increase in price target from $165 to $198 suggests a positive outlook for Builders FirstSource, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100