BofA lowered the firm’s price target on Builders FirstSource (BLDR) to $179 from $192 and keeps a Neutral rating on the shares. On average, the firm is raising price targets by about 3% among its building product and distributor stock coverage, noting that in 2025 it expects repair and remodel spending to improve and new construction to slow compared to 2024.
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Read More on BLDR:
- Builders FirstSource initiated with an Outperform at Raymond James
- Builders FirstSource price target lowered to $188 from $211 at Barclays
- Early notable gainers among liquid option names on January 15th
- Early notable gainers among liquid option names on January 14th
- Builders FirstSource price target lowered to $167 from $187 at RBC Capital