RBC Capital Maintains Outperform on Summit Materials, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl maintains an Outperform rating on Summit Materials (NYSE:SUM) and raises the price target from $53 to $54.
November 01, 2024 | 5:47 pm
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RBC Capital has reaffirmed its Outperform rating on Summit Materials and increased the price target from $53 to $54, indicating positive sentiment.
The increase in price target from $53 to $54 by RBC Capital suggests a positive outlook for Summit Materials, likely boosting investor confidence and potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100