BofA lowered the firm’s price target on Builders FirstSource (BLDR) to $125 from $131 and keeps a Neutral rating on the shares following Q1 earnings. The firm cut its price target to reflect lower estimates. Builders FirstSource is well positioned longer term but faces near-term macro headwinds, BofA told investors in a research note.
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Read More on BLDR:
- Builders FirstSource reports Q1 adjusted EPS $1.51, consensus $1.42
- Builders FirstSource sees FY25 revenue view $16.05B-$17.05B, consensus $16.71B
- Builders FirstSource announces $500M share repurchase program
- Builders FirstSource Releases 2025 CSR Report
- Builders FirstSource price target lowered to $145 from $160 at Stephens