Oppenheimer raised the firm’s price target on Builders FirstSource to $205 from $190 and keeps an Outperform rating on the shares after the firm caught up with the IR team at Builders to discuss common investor questions. Oppenheimer cites recent market movements and comps trading at higher valuation multiples. Builders is the most discussed stock in the firm’s coverage by a wide margin, with a variety of different investors interested in the name, Oppenheimer adds.
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