RBC Capital Maintains Outperform on Beacon Roofing Supply, Raises Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl has maintained an 'Outperform' rating on Beacon Roofing Supply (NASDAQ:BECN) and raised the price target from $113 to $114.
November 01, 2024 | 4:53 pm
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POSITIVE IMPACT
RBC Capital has reaffirmed its 'Outperform' rating for Beacon Roofing Supply and slightly increased the price target to $114, indicating positive sentiment.
The reaffirmation of an 'Outperform' rating and a slight increase in the price target by RBC Capital suggests continued confidence in Beacon Roofing Supply's performance, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100