DA Davidson Maintains Neutral on Summit Materials, Maintains $41 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson has maintained a Neutral rating on Summit Materials (NYSE:SUM) with a price target of $41.
October 15, 2024 | 3:22 pm
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NEUTRAL IMPACT
DA Davidson has reiterated its Neutral rating for Summit Materials, keeping the price target at $41. This suggests that the analyst does not foresee significant short-term changes in the stock's performance.
The Neutral rating and unchanged price target indicate that the analyst expects the stock to perform in line with the market. This suggests stability in the company's current valuation and outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100