UPDATE: Williams Financial Group Initiates Builders FirstSource at Buy on Housing Outlook
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
|Jun 2016||FBR Capital||Initiates Coverage on||Outperform|
|Apr 2016||SunTrust Robinson Humphrey||Initiates Coverage on||Buy|
|Mar 2016||Deutsche Bank||Maintains||Buy|
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