CRH price target raised to $95 from $81 at Truist

Truist raised the firm’s price target on CRH to $95 from $81 and keeps a Buy rating on the shares after its 2023 results that showed “strong pricing in Americas and particularly good bottom line growth in European Materials”. The company’s view on U.S. housing is too conservative and the firm expects remodel spend to improve in the year, both of which could drive upside, the analyst tells investors in a research note.