JPMorgan lowered the firm’s price target on Installed Building Products (IBP) to $195 from $284 and keeps an Underweight rating on the shares. The firm lowered the company’s 2026 and 2027 estimates post the earnings report.
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Read More on IBP:
- Installed Building Products Balances Growth and Cost Headwinds
- Installed Building Products price target lowered to $242 from $270 at RBC Capital
- Installed Building Products price target lowered to $200 from $250 at Truist
- Installed Building Products price target lowered to $226 from $294 at Evercore ISI
- Installed Building Products price target lowered to $285 from $331 at Goldman Sachs
