2020-11-17 06:26:50 GMS GMS Inc.
Foundation Building Materials
11/17/20 11/1706:26 11/17/2006:26 | GMS Inc. downgraded to Equal Weight from Overweight at BarclaysBarclays analyst Matthew Bouley downgraded GMS Inc. (GMS) to Equal Weight from Overweight with a price target of $36, up from $30. The analyst does not have conviction that GMS' valuation should be materially higher than Foundation Building Materials' (FBM) at this point. Although clearly potential exists for more acquisitions in the space, GMS is now more appropriately valued following yesterday's rally, Bouley tells investors in a research note. GMS Inc.
Foundation Building Materials
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