Market Overview

UPDATE: Sterne Agee Upgrades Eagle Materials to Buy on Overdone Pullback

Related EXP
Top 4 NYSE Stocks In The Cement Industry With The Highest EPS Growth Forecast For Next 5 Years
Earnings Scheduled For May 14, 2015
Eagle Materials misses by $0.12, misses on revenue (Seeking Alpha)

Sterne Agee upgraded Eagle Materials (NYSE: EXP) from Neutral to Buy and announced a $70.00 price target.

Sterne Agee commented, "We are upgrading EXP to Buy from Neutral and setting a 12-month target of $70 (though we believe the stock could reach the $80s in the next 2-3 years). Following a significant pullback in the past few days, we find the shares of one of the highest-quality names in the U.S. construction materials space to be attractively valued, and are responding accordingly."

Eagle Materials closed at $61.05 on Thursday.

Latest Ratings for EXP

Oct 2014Stifel NicolausUpgradesHoldBuy
Nov 2013DA DavidsonUpgradesNeutralBuy
May 2013Sterne AgeeMaintainsBuy

View More Analyst Ratings for EXP
View the Latest Analyst Ratings

Posted-In: Sterne AgeeAnalyst Color Upgrades Analyst Ratings


Related Articles (EXP)

Get Benzinga's Newsletters