RBC Capital analyst Mike Dahl upgraded Builders FirstSource (BLDR) to Outperform from Sector Perform with an unchanged price target of $119. The stock’s valuation pullback creates an attractive risk/reward, the analyst tells investors in a research note. The firm believes 2026 will likely represent an EBITDA trough for Builders FirstSource. The company’s gross margin “resilience” in tough conditions proves its “structural” margin gains, contends RBC.
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