Oppenheimer analyst Tyler Batory lowered the firm’s price target on Builders FirstSource (BLDR) to $150 from $155 and keeps an Outperform rating on the shares. The firm is updating its estimates to reflect Q2 earnings and guidance. While the weak single-family starts environment remains a clear headwind, Oppenheimer believes it obscures what has been solid execution.
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Read More on BLDR:
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