Loading...
Loading...
In a report published Monday, Williams Financial Group reiterated its Hold rating on Standard Pacific Corp.
SPF, and raised its price target from $6.00 to $8.00.
Williams Financial Group noted, “SPF's solid results echoed much of what we have been hearing this earnings season. YE demand appears to have side‐stepped the normal seasonal trend with deliveries, new orders, backlog and pricing all running well ahead of expectations with growing momentum into January.”
Standard Pacific Corp. closed on Friday at $7.93.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in