Stifel raised the firm’s price target on Simpson Manufacturing (SSD) to $217 from $205 and keeps a Buy rating on the shares. Fiscal Q1 results were significantly ahead of the firm’s estimates, notes the analyst, who believes reiterated guidance is “conservative.”
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Read More on SSD:
- Simpson Manufacturing Posts Strong Q1 2026 Results, Reaffirms Outlook
- Simpson Manufacturing reports Q1 EPS $2.13, consensus $1.84
- Simpson Manufacturing still sees 2026 CapEx $75M-$85M
- Simpson Manufacturing (SSD) Q1 Earnings Cheat Sheet
- Simpson Manufacturing price target lowered to $216 from $222 at Baird