Baird lowered the firm’s price target on James Hardie (JHX) to $26 from $28 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results and noted its outlook is a step in the right direction.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JHX:
- James Hardie Reports Q2 FY26 Results Amid AZEK Acquisition Impact
- Midday Fly By: Microsoft, Nvidia invest in Anthropic
- James Hardie rises 7.2%
- James Hardie: Buy Rating on Upgraded FY26 EBITDA Guidance and Strategic Market Positioning
- Optimistic Buy Rating for James Hardie Industries PLC Amid Strong Financial Performance and Raised Guidance