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.
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Read More on BLDR:
- Builders FirstSource downgraded to Hold from Buy at Jefferies
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- Builders FirstSource price target lowered to $123 from $124 at Barclays
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