RBC Capital keeps Builders FirstSource at Sector Performer, cuts target to $56
RBC Capital kept its Sector Performer rating on Builders FirstSource and lowered the price target from $62 to $56. The new target implies about 11.2% downside.
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what happened
RBC Capital maintained its Sector Performer rating on Builders FirstSource shares but reduced the price target from $62 to $56, a cut of 9.7%. According to TradingView, citing Benzinga data, the new target implies a downside of roughly 11.2% from the October 29 close of $63.06.
Over the past 30 days, five other recent analyst notes on the company have come out. Their targets range from $55 to $80: Barclays kept Overweight at $70, StoneX stayed at Buy with $75, KeyBanc held Overweight at $80, Loop Capital downgraded to Hold with a $62 target, and Stifel maintained Hold at $55.
why it matters
For markets this is a routine update on a single stock: one broker's target change rarely moves shares of a large building materials supplier much. The spread between $55 and $80 shows that analysts disagree on the stock's value, while RBC's decision to keep a neutral rating signals no strong directional view.
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- RBC Capital maintains Builders FirstSource at Sector Performer, lowers price target to $56 from $62 — TradingView, 30 October 2026 at 15:28 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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