In a report released yesterday, Brian McNamara from Canaccord Genuity maintained a Buy rating on Hillman Solutions, with a price target of $15.00.
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Brian McNamara’s rating is based on several key considerations. One of the primary factors is the alignment between Hillman Solutions’ market outlook for 2026 and Home Depot’s guidance, which suggests stability and potential growth opportunities. Despite some challenges in the home improvement sector, Home Depot’s positive performance in hardware is seen as a favorable indicator for Hillman Solutions.
Additionally, Hillman Solutions’ sales distribution among major retailers like Home Depot, Lowe’s, and Ace Hardware, which collectively account for a significant portion of its revenue, supports the Buy rating. The increase in sales proportion to Ace Hardware and Tractor Supply further strengthens the company’s market position. These factors collectively contribute to McNamara’s optimistic outlook on Hillman Solutions’ stock performance.
McNamara covers the Consumer Cyclical sector, focusing on stocks such as Rollins, SharkNinja, Inc., and Driven Brands Holdings. According to TipRanks, McNamara has an average return of -1.9% and a 49.04% success rate on recommended stocks.
In another report released on December 3, Stifel Nicolaus also maintained a Buy rating on the stock with a $12.20 price target.