Analysts Offer Insights on Industrial Goods Companies: Builders Firstsource (BLDR) and Xos (XOS)
Analysts fell to the sidelines weighing in on Builders Firstsource (BLDR) and Xos (XOS) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Builders Firstsource (BLDR)
In a report released today, Sam Reid from Wells Fargo maintained a Hold rating on Builders Firstsource, with a price target of $85.00. The company’s shares closed last Thursday at $75.74.
According to TipRanks.com, Reid is a 3-star analyst with an average return of
Currently, the analyst consensus on Builders Firstsource is a Moderate Buy with an average price target of $100.19, representing a 33.5% upside. In a report issued on May 23, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $75.00 price target.
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Xos (XOS)
In a report released today, Ted Jackson from Northland Securities maintained a Hold rating on Xos. The company’s shares closed last Thursday at $4.78.
According to TipRanks.com, Jackson is a 5-star analyst with an average return of
Xos has an analyst consensus of Moderate Buy, with a price target consensus of $4.00, representing a -28.7% downside. In a report released today, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $7.50 price target.
Read More on BLDR:
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- Early notable gainers among liquid option names on May 27th
- Builders FirstSource Announces COO Successor and New CHRO
- Builders FirstSource names Mike Hiller COO-designate
- Builders FirstSource price target lowered to $93 from $100 at BMO Capital
- Builders FirstSource price target lowered to $81 from $102 at Deutsche Bank
