BUZZ-Stifel resumes coverage on Builders FirstSource with 'buy' rating

Reuters01-08

BUZZ-Stifel resumes coverage on <a href="https://laohu8.com/S/BLDR">Builders FirstSource</a> with 'buy' rating

** Brokerage Stifel resumes coverage on Builders FirstSource BLDR.N with "buy" rating; price target $175

** Stifel says "BLDR is positioned to profitably capitalize on residential construction"

** Brokerage expects company to achieve medium-term, high single-digit core organic growth, driven by housing undersupply

** The new PT is a 22.1% upside to the stock's last close

** Fourteen of 18 brokerages rate the stock "buy" or "higher", 4 "hold"; median PT $215.50 - data compiled by LSEG

** Stock lost ~14% in 2024

(Reporting by Rupali Chaudhary in Bengaluru)

((Rupali.Chaudhary@thomsonreuters.com))

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