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Beacon price target raised to $117 from $115 at Baird

Beacon price target raised to $117 from $115 at Baird

Baird analyst David Manthey raised the firm’s price target on Beacon to $117 from $115 and keeps an Outperform rating on the shares. The firm said Q1 results were strong, highlighted by good organic volume growth, stable pricing, and modestly better-than-expected gross margin.

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