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Fly News Breaks for March 4, 2020
BLD
Mar 4, 2020 | 06:53 EDT
SunTrust analyst Keith Hughes upgraded TopBuild to Buy from Hold with a price target of $122, up from $115. The analyst cites expectations of an enhanced homebuilding cycle as coronavirus fears drove Treasury rates to record lows. Hughes also points to commentary from manufacturers indicating that insulation pricing is gaining some traction while noting the stock's "attractive valuation" at 10.3-times enterprise value to expected 2020 EBITDA.
News For BLD From the Last 2 Days
