TopBuild price target raised to $444 from $375 at Benchmark

Benchmark raised the firm’s price target on TopBuild (BLD) to $444 from $375 and keeps a Buy rating on the shares. After the company reported “solid” Q2 results, the firm is reducing its FY25 and FY26 EPS estimates by 50c each, but raising its price target on the higher EBITDA and “upside to valuation from the rejuvenated M&A story,” the analyst tells investors.