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Fly News Breaks for February 5, 2020
BLD
Feb 5, 2020 | 07:54 EDT
Benchmark analyst Reuben Garner initiated coverage of TopBuild with a Buy rating and $134 price target. He believes TopBuild is a unique company in the building product space that offers above-market organic growth, a margin expansion story, and solid cash generation. Additionally, "an ideal environment of strong demand, tight labor supply and flat to down material costs could be on the way," said Garner, who named TopBuild as his 2020 Top Pick in the group.
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