Jefferies Maintains Hold on Installed Building Prods, Raises Price Target to $252
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Philip Ng maintains a Hold rating on Installed Building Products (NYSE:IBP) and raises the price target from $240 to $252.
October 09, 2024 | 9:03 pm
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Jefferies analyst Philip Ng maintains a Hold rating on Installed Building Products and raises the price target from $240 to $252, indicating a positive outlook.
The increase in price target from $240 to $252 by Jefferies suggests a positive outlook for IBP, which could lead to a short-term price increase. However, the Hold rating indicates a neutral stance on immediate buying.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100