Eagle Materials (EXP) PT Raised to $200 at Jefferies
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Price: $223.50 -0.48%
Rating Summary:
7 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Rating Summary:
7 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
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Jefferies analyst Philip Ng raised the price target on Eagle Materials (NYSE: EXP) to $200.00 (from $193.00) while maintaining a Hold rating.
The analyst comments "EXP is seeing solid vols in cement from infra & data centers, and its investments in Laramie & Duke should provide the foundation for sustained growth & lowcost network. That said, in a soft housing backdrop & imports in cement, EXP's margins are contracting with muted pricing momentum in cement & wallboard."
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