Installed Building Products Reports First Quarter 2024 Results; Declares Regular Quarterly Cash Dividend

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Go back to Installed Building Products Reports First Quarter 2024 Results; Declares Regular Quarterly Cash Dividend

Installed Building Products (IBP) PT Raised to $220 at RBC Capital

May 10, 2024 6:27 AM EDT

RBC Capital analyst Mike Dahl raised the price target on Installed Building Products (NYSE: IBP) to $220.00 (from $216.00) while maintaining a Sector Perform rating.

The analyst comments "Our FY24E Adj. EBITDA rises by +2% to $525 MM, driven by modest upside in sales... More