DA Davidson analyst Kurt Yinger lowered the firm’s price target on Installed Building Products (IBP) to $225 from $260 and keeps a Buy rating on the shares. The firm cites the company’s lowered 2025 forecasts in reducing its price target but also notes that its results continue to be highlighted by resilient organic sales performance, steady margins, and attractive relative performance as compared to other building product peers, the analyst tells investors in a research note.
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Read More on IBP:
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- IBP Earnings this Week: How Will it Perform?
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