BofA analyst Shaun Calnan initiated coverage of SiteOne Landscape (SITE) with a Buy rating and $147 price target As the largest wholesale distributor of landscaping supplies in North America with 18% market share and poised to gain share in a fragmented market, the firm thinks consensus estimates underappreciate EBITDA margin upside from improvement at wholesale centers, noting that its 2026 and 2027 adjusted EBITDA estimates are 3% and 5% above consensus, respectively.
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Read More on SITE:
- SiteOne Landscape price target lowered to $134 from $140 at Stifel
- SiteOne Landscape upgraded to Equal Weight from Underweight at Barclays
- SiteOne Landscape acquires French Broad Stone Yards
- SiteOne Landscape partners with Goodway Group to accelerate growth
- SiteOne Landscape price target raised to $151 from $143 at RBC Capital