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UPDATE: Williams Financial Group Initiates Builders FirstSource at Buy on Housing Outlook

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Williams Financial Group initiated coverage on Builders FirstSource (NASDAQ: BLDR) with a Buy rating and $6.50 price target.

Williams Financial Group noted, "We are initiating coverage of BLDR with a Buy rating and a $6.50 price target. In our view, the company's core growth potential, driven primarily through substantially improving housing dynamics, and meaningful market share gains, should provide long-term revenue growth opportunities."

Builders FirstSource closed at $5.24 on Thursday.

Latest Ratings for BLDR

DateFirmActionFromTo
Sep 2016WedbushInitiates Coverage onOutperform
Aug 2016CitigroupMaintainsNeutral
Jun 2016FBR CapitalInitiates Coverage onOutperform

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Posted-In: Williams Financial GroupAnalyst Color Initiation Pre-Market Outlook Analyst Ratings

 

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