BofA analyst Michael Feniger lowered the firm’s price target on CRH (CRH) to $143 from $145 and keeps a Buy rating on the shares. CRH reported a strong finish to the year in the context of a “rocky” earnings season for U.S. aggregate peers, the analyst tells investors. The firm updated estimates post Q4 while keeping its valuation methodology intact.
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Read More on CRH:
- CRH: Resilient Earnings, Robust Cash Flow, and Undervalued Growth Justify Reiterated Buy Rating
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