Information Provided By:
Fly News Breaks for October 4, 2016
USCR
Oct 4, 2016 | 08:13 EDT
SunTrust analyst Rohit Seth lowered his price target on U.S. Concrete to $70 from $75 citing the impact of weather, which he believes delayed shipments in Texas during August. Weather is transitory and investors underappreciate the margin expansion potential from acquisition synergies, said Seth, who thinks pressure on the stock will let up after Q3 results and keeps a Buy rating on U.S. Concrete shares.
News For USCR From the Last 2 Days
There are no results for your query USCR