Evercore ISI Group Maintains Outperform on Installed Building Prods, Raises Price Target to $272
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Installed Building Products (NYSE:IBP) and slightly raised the price target from $271 to $272.
October 16, 2024 | 3:30 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on Installed Building Products and raised the price target from $271 to $272, indicating a positive outlook.
The maintenance of an 'Outperform' rating and a slight increase in the price target by Evercore ISI Group suggests a positive outlook for IBP. This could lead to a short-term positive impact on the stock price as investors may view the analyst's confidence as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100