Hillman Solutions initiated with a Buy at Stifel

Stifel analyst W. Andrew Carter initiated coverage of Hillman Solutions (HLMN) with a Buy rating and $9.50 price target Hillman is a share gainer in the advantaged home improvement category supportive of mid-single digit organic revenue and double digit organic EBITDA growth, and is primed to execute highly synergistic M&A, the analyst tells investors in a research note. The firm believes concerns around post-“Liberation Day” underperformance are misplaced, resetting expectations to a level that provides room for error.