RBC Capital raised the firm’s price target on Installed Building Products (IBP) to $184 from $145 and keeps an Underperform rating on the shares following a “solid” Q2 beat. The firm views the rally of the stock as overbaked with valuation at an all-time high and the prospect of FY26 being down year-over-year.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IBP: