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Builders FirstSource price target raised to $120 from $115 at Wells Fargo

Wells Fargo analyst Sam Reid raised the firm’s price target on Builders FirstSource (BLDR) to $120 from $115 and keeps an Equal Weight rating on the shares. The firm says real estate agent checks screen cautious in January. Wells is updating views ahead of late season housing-adjacent EPS following the firm’s monthly real estate agent survey.

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