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
|May 2015||William Blair||Downgrades||Outperform||Market Perform|
|Apr 2015||Sterne Agee||Upgrades||Neutral||Buy|
|Apr 2015||Stifel Nicolaus||Upgrades||Hold||Buy|
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.