Builders FirstSource price target raised to $220 from $153 at Benchmark

Benchmark analyst Reuben Garner raised the firm’s price target on Builders FirstSource to $220 from $153 and keeps a Buy rating on the shares following what the firm describes as “another quarter of strong results.” Even with the strong move in the stock, the firm continues to like the story and notes that its upward estimate changes “keep pace with the stock price.”