Baird analyst David Manthey lowered the firm’s price target on GMS Inc. (GMS) to $93 from $110 and keeps an Outperform rating on the shares. The firm updated its model following Q3 results while noting the toughest comps are coming up which may lead to a bottom.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GMS: