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Fly News Breaks for June 10, 2019
BECN
Jun 10, 2019 | 08:50 EDT
Raymond James analyst Sam Darkatsh lowered his June quarter estimates for Beacon Roofing to account for "particularly wet" weather throughout much of the U.S. during April and May, which he expects to pressure revenue growth in the company's third fiscal quarter. He lowered his price target on Beacon shares to $40 from $45 but keeps an Outperform rating on the stock, stating that he sees significant upside if the stock's performance returns to being correlated with forward EBITDA margin.
News For BECN From the Last 2 Days
BECN
Apr 22, 2024 | 16:33 EDT
