Builders FirstSource price target lowered to $115 from $124 at Stifel

Stifel lowered the firm’s price target on Builders FirstSource (BLDR) to $115 from $124 and keeps a Hold rating on the shares. For 2026, the firm has “a positive overall bias” to its building products coverage, including home improvement retailers, citing compressed valuations, near-term expectations that have been reset and long-term enthusiasm for U.S. residential investment, the analyst tells investors in a year-ahead note.