Builders FirstSource price target lowered to $138 from $142 at Benchmark

Benchmark lowered the firm’s price target on Builders FirstSource (BLDR) to $138 from $142 and keeps a Buy rating on the shares after the company reported lighter than anticipated Q4 results. While stating that the company is “well-positioned to assist builders navigate the numerous headwinds present in the market,” the firm is tweaking its EPS estimates 25c lower for this year and next to $6.50 and $7.00, respectively.