Benchmark lowered the firm’s price target on UFP Industries (UFPI) to $135 from $142 and keeps a Buy rating on the shares following mixed Q4 results this week that saw EPS fell below Street estimates despite a revenue beat. The firm expects recent conditions to persist throughout the first half of 25 with overall demand down slightly in all three segments, so it lowered estimates and its price target the analyst tells investors.
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Read More on UFPI:
- UFP Industries: Strategic Cost Improvements and Product Expansion Drive Buy Rating
- UFP Industries Reports Mixed Fiscal 2024 Results
- UFP Industries Earnings Call: Navigating Challenges and Growth
- UFP Industries Highlights Growth and Margin Expansion Plans
- UFP Industries reports Q4 EPS $1.12 vs $1.62 last year
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