TopBuild price target raised to $515 from $444 at Benchmark

Benchmark raised the firm’s price target on TopBuild (BLD) to $515 from $444 and keeps a Buy rating on the shares. The firm raised its FY26 estimate to $21.75 from $20.50 to reflect accretion from recent deals and is also raising its multiple to reflect the recent acquisitions and belief a premium multiple is warranted with a balanced portfolio of assets and “a rejuvenated M&A story,” the analyst tells investors.