RBC Capital Markets downgrades building materials stocks over 2027 risk concerns
- 1RBC Capital Markets downgraded three building materials stocks and lowered its estimates.
- 2Mohawk Industries' price target was lowered to $112.
- 3Builders FirstSource's 2027 EBITDA estimate is $1,006,000,000.
So what's the key point?
RBC Capital Markets has lowered the valuation of building materials stocks. This means stocks for companies like Mohawk Industries may see less growth in the future.
Source Investing.com · View original ↗
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