BUZZ-Benchmark cuts Builders FirstSource's PT amid weak housing demand

Reuters
2026.02.20 14:37
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Brokerage Benchmark has reduced the price target for Builders FirstSourcefrom $142 to $138, maintaining a "buy" rating. The new target indicates a 23.9% upside from the stock's last close. Benchmark notes that while BLDR is positioned to assist builders amid market challenges, severe weather has hindered activity, delaying signs of demand stabilization. Additionally, BLDR's forecast for annual profit margins is below Wall Street expectations due to ongoing weakness in housing construction and affordability issues. The median price target among 24 brokerages is $125, and BLDR's stock fell 28% in 2025.