Builders FirstSource Reports Third Quarter 2017 Results

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Builders FirstSource (BLDR) PT Raised to $23 at Stifel; Reiterates Buy

November 9, 2017 5:03 PM EST

Stifel raised its price target on Builders FirstSource (NASDAQ: BLDR) to $23.00 (from $20.00) while maintaining a Buy rating following the company's 3Q earnings report. 3Q results were disappointing relative to estimates but hardly surprising given anticipated storm disruptions and further inflation in lumber prices. Nonetheless,... More