Loop Capital Maintains Buy on Builders FirstSource, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Buy rating on Builders FirstSource (NYSE:BLDR) and increased the price target from $190 to $230, indicating confidence in the company's future performance.
September 20, 2024 | 1:17 pm
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Loop Capital has reiterated its Buy rating for Builders FirstSource and increased the price target from $190 to $230, suggesting a positive outlook for the company's stock.
The increase in price target from $190 to $230 by Loop Capital, along with the maintained Buy rating, indicates strong confidence in Builders FirstSource's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100