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

Reuters
Yesterday
BUZZ-Benchmark cuts <a href="https://laohu8.com/S/BLDR">Builders FirstSource</a>'s PT amid weak housing demand

** Brokerage Benchmark cuts price target on building materials and products supplier Builders FirstSource BLDR.N to $138 from $142; reiterates "buy" rating

** New PT represents a 23.9% upside to stock's last close

** Benchmark says BLDR is well‑positioned to help builders navigate market headwinds, but severe weather in the first quarter has slowed activity, potentially pushing back any proof of demand stabilization

** BLDR forecast annual profit margin below Wall Street estimates on Tuesday, as continued weakness in housing construction and affordability constraints weighed on its business

** Median PT of 24 brokerages covering the stock is $125 - data compiled by LSEG

** BLDR fell 28% in 2025

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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