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CBPX

Continental Building

$34.25

2.6 (8.21%)

07:06
08/06/18
08/06
07:06
08/06/18
07:06

Continental Building double upgraded to Strong Buy at Raymond James

As previously reported, Raymond James double upgraded Continental Building to Strong Buy from Market Perform and established a $40 price target. Analyst Joshua Wilson said pricing and volume trends are encouraging for 2H 2018 and contacts indicate the first successful mid-year price increase in years is underway. The analyst adds inflation is manageable and housing is still positive.

  • 06

    Sep

  • 07

    Sep

CBPX Continental Building
$34.25

2.6 (8.21%)

03/13/18
RAJA
03/13/18
INITIATION
RAJA
Market Perform
Continental Building initiated with a Market Perform at Raymond James
Raymond James analyst Sam Darkatsh initiated Continental Building with a Market Perform saying he is concerned about the impact of rising interest rates and the possibility of rising input costs and freight will offset gains in productivity and volume.
06/27/18
RBCM
06/27/18
INITIATION
RBCM
Outperform
Continental Building assumed with an Outperform at RBC Capital
RBC Capital analyst Michael Dahl assumed Continental Building with an Outperform rating and $38 price target.
08/03/18
LEHM
08/03/18
NO CHANGE
Target $39
LEHM
Overweight
Continental Building price target raised to $39 from $33 at Barclays
Barclays analyst Matthew Bouley raised his price target for Continental Building Products to $39 saying the company's Q2 results demonstrated an unexpected sequential increase in wallboard pricing, strong volume growth and successful cost management. The analyst thinks the company has shown an ability to effectively manage input cost inflation. He keeps an Overweight rating on the shares.
08/06/18
RAJA
08/06/18
UPGRADE
RAJA
Strong Buy
Continental Building upgraded to Strong Buy from Market Perform at Raymond James

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ULTI

Ultimate Software

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EYEG

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ORCL

Oracle

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ALDX

Aldeyra

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TPX

Tempur Sealy

$57.11

0.9 (1.60%)

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ENDP

Endo

$8.90

0.635 (7.68%)

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SYNA

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