RBC Capital analyst Mike Dahl lowered the firm’s price target on SiteOne Landscape (SITE) to $130 from $136 and keeps a Sector Perform rating on the shares. The firm is taking a more cautious view on the company’s second half of 2025 volumes given the housing and macro uncertainty. While tariffs may support modestly better pricing, demand erosion and commodity price headwinds present risks to the outlook and potential for an eventual downward revision to the guidance, the analyst tells investors in a research note.
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Read More on SITE:
- SiteOne Landscape price target lowered to $145 from $165 at Truist
- SiteOne Landscape Supply Reports Q1 2025 Financial Results
- SiteOne Landscape’s Q1 2025 Earnings Call Insights
- Resilient Operations and Strategic Growth: SiteOne Landscape Supply Earns Buy Rating
- SiteOne Landscape sees FY25 adjusted EBITDA $400M-$430M