Barclays raises PT on Builders FirstSource; shares rise

Builders Firstsource

15/01/2026 15:23

** Shares of building products and services supplier Builders FirstSource BLDR.N rise 2.2% to about $129.2 in morning trading

** Barclays raises price target of BLDR stock to $136 from $123, reiterates "overweight" rating

** New PT represents a 7.6% upside to stock's last close

** "We think BLDR would be a strong potential beneficiary of U.S. government actions to spur additional homebuilding in 2026," brokerage says

** Eleven brokerages rate the stock "buy" or higher, 12 "hold" and one "sell"; their median PT is $136.5, according to data compiled by LSEG

** BLDR fell 28% in 2025

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))