Truist downgraded Eagle Materials (EXP) to Hold from Buy with a price target of $210, down from $280. The firm believes the wallboard market will see volume and price pressure in 2026. Eagle Materials shares will be held back by the wallboard backdrop relative to the company’s cement and aggregate peers, the analyst tells investors in a research note. Truist says Eagle’s current valuation on its new 2026 estimates is toward the top end of the historical ranges.
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