Stifel raised the firm’s price target on Beacon (BECN) to $124.35 from $122.55 and keeps a Hold rating on the shares following the announcement that Beacon entered into a definitive agreement to be acquired by QXO (QXO) for $124.35 per share in cash.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BECN:
- FedEx downgraded, Adobe upgraded: Wall Street’s top analyst calls
- Beacon downgraded to Market Perform from Outperform at Raymond James
- Beacon downgraded to Hold from Buy at Loop Capital
- Accenture reports Q2 beat, Apple TV+ losing $1B annually: Morning Buzz
- Beacon downgraded to Market Perform from Outperform at William Blair
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue