UBS Initiates Coverage On Builders FirstSource with Buy Rating, Announces Price Target of $232
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Lovallo has initiated coverage on Builders FirstSource (NYSE:BLDR) with a Buy rating and set a price target of $232.
October 25, 2024 | 12:42 pm
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POSITIVE IMPACT
UBS has initiated coverage on Builders FirstSource with a Buy rating and a price target of $232, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a high price target by a reputable firm like UBS is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100