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Fly News Breaks for March 26, 2019
BECN
Mar 26, 2019 | 08:07 EDT
SunTrust analyst Keith Hughes kept his Buy rating and $44 price target on Beacon Roofing after its negative Q2 pre-announcement yesterday. The analyst notes that while adverse weather factors reduced expectations, the outlook for the rest of the year suggests "minimal impact in future quarters". Hughes adds that roofing can actually see benefits from weather factors over the medium term as replacement demand rises, further stating that he is still assessing the latest "notable hail activity" most recently reported in Dallas.
News For BECN From the Last 2 Days
BECN
Apr 22, 2024 | 16:33 EDT
