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Goldman Sachs Adjusts Price Target on Builders FirstSource to $142 From $150, Maintains Buy Rating
Goldman Sachs has adjusted its price target for Builders FirstSource (NASDAQ: BLDR) to $142 from $150, while reiterating a Buy rating on the stock. This adjustment comes after other analysts, including Baird and Wells Fargo, also revised their price targets for the company recently. Builders FirstSource specializes in building materials and services for the home building sector, with its latest earnings report indicating mixed results and a forecasted annual profit margin below estimates.