Truist raised the firm’s price target on James Hardie (JHX) to $30 from $28 and keeps a Buy rating on the shares. The company reported results modestly above the Street with a corresponding guidance lift for FY26, the analyst tells investors in a research note. The quarter was marked with decking growth and modestly less siding volume pressure plus some price gains in the latter, the firm added.
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Read More on JHX:
- James Hardie upgraded to Overweight from Neutral at JPMorgan
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