1356 ET - Conditions in the building industry are not on BlueLinx's side, say Davidson analysts Kurt Yinger and Aditya Madan, who downgrade the building supplier's stock to neutral from buy. Lumber prices have consistently fallen in recent weeks, which will weigh on margins, while continued slowing in single-family housing construction will infringe on demand. BlueLinx's stock rally over the past month also makes the analysts question its valuation. They lower 2025 and 2026 EBITDA estimates by 16% and 11%, respectively. BlueLinx sinks 9.3% to $74.73. (nicholas.miller@wsj.com)
(END) Dow Jones Newswires
July 18, 2025 13:56 ET (17:56 GMT)
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