Fly News Breaks for October 31, 2019
Oct 31, 2019 | 09:19 EDT
DA Davidson analyst Brent Thielman raised his price target on Summit Materials to $28 and kept his Buy rating after its Q3 results. The analyst notes that despite the earnings miss, the company saw "solid" organic growth in Aggregates volume and price as well as "blocking and tackling" in Cement. Thielman adds that Summit Materials' year-to-date results are showing the potential of its core business.
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