Form 8-K Simpson Manufacturing For: Oct 21
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DA Davidson Reiterates Neutral Rating on Simpson Manufacturing (SSD)
October 22, 2024 5:34 AM EDTDA Davidson analyst Kurt Yinger reiterated a Neutral rating and $195.00 price target on Simpson Manufacturing (NYSE: SSD)
The analyst comments "Our take: Results and updated outlook items were similar to last quarter with results coming in modestly below expectations, while the full-year guide on operating margins moved lower alongside downwardly revised U.S. housing starts expectations for the year. North American volumes were roughly flat on a y/y basis for the 2nd straight quarter having moderated from... More
