KeyBanc initiated coverage of Builders FirstSource (BLDR) with an Overweight rating and $145 price target The firm says the company offers a leading market position in a fragmented industry with “significant” growth opportunities, both organically and through acquisitions. It sees an attractive entry point ahead of improving fundamentals.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BLDR:
- Broadcom initiated, Beyond Meat downgraded: Wall Street’s top analyst calls
- Wedbush downgrades Builders FirstSource to Neutral on lumber deflation
- Builders FirstSource downgraded to Neutral from Outperform at Wedbush
- DHI, BLDR, LEN: Homebuilder Stocks Soar as Odds of September Rate Cut Improve
- Early notable gainers among liquid option names on September 5th