Shares of SiteOne Landscape Supply Inc SITE closed Monday's trading session up 1.1 percent as a handful of sell-side research firms initiated coverage on the stock. The flood of new recommendations came as underwriter quiet period expired.
SiteOne shares have been relatively quiet since the IPO hit Wall Street. While shares have traded up more than 6 percent since the first-day open, the stock has been stuck in a trading range between $28 and $29.
The stock saw the following new recommendations Monday.
- Baird - Buy rating, $38 price target
- SunTrust - Buy, $35 target
- Deutsche Bank - Buy, $33 target
- UBS - Buy, $32 target
- Goldman - Neutral, $31 target
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