Stifel resumes coverage on Builders FirstSource with 'buy' rating

Builders Firstsource

08/01/2025 13:32

** Brokerage Stifel resumes coverage on Builders FirstSource
 BLDR.N  with "buy" rating; price target $175
    ** Stifel says "BLDR is positioned to profitably capitalize
on residential construction" 
    ** Brokerage expects company to achieve medium-term, high
single-digit core organic growth, driven by housing undersupply 
    ** The new PT is a 22.1% upside to the stock's last close
    ** Fourteen of 18 brokerages rate the stock "buy" or
"higher", 4 "hold"; median PT $215.50 - data compiled by LSEG
    ** Stock lost ~14% in 2024   

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.Chaudhary@thomsonreuters.com))