Beacon Roofing Supply Reports Fourth Quarter and Fiscal Year 2017 Results
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Beacon Roofing Supply (BECN) PT Raised to $65 at Jefferies; Guidance Looks Conservative
November 21, 2017 6:55 AM ESTJefferies raised its price target on Beacon Roofing Supply (NASDAQ: BECN) to $65.00 (from $61.00) while maintaining a Buy rating following Q4 results and what it views as 'conservative' guidance.
Analyst Philip Ng said while 2018 guidance looks light, management "appears to be guiding conservatively and the underlying... More
