Eagle Materials (EXP) PT Raised to $200 at Jefferies

Jefferies analyst Philip Ng raised the price target on Eagle Materials (NYSE: EXP) to $200.00 (from $193.00) while maintaining a Hold rating.

The analyst comments "EXP is seeing solid vols in cement from infra & data centers, and its investments in Laramie & Duke should provide the foundation for sustained growth & lowcost network. That said, in a soft housing backdrop & imports in cement, EXP's margins are contracting with muted pricing momentum in cement & wallboard."

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