StockNews.com began coverage on shares of Beacon Roofing Supply (NASDAQ:BECN – Free Report) in a report released on Wednesday morning. The firm issued a sell rating on the stock. A number of other ...
Fintel reports that on February 7, 2025, Stifel downgraded their outlook for Beacon Roofing Supply (NasdaqGS:BECN) from Buy ...
Beacon Roofing ( NASDAQ: BECN) was to cut to hold from buy at Stifel as a rival strategic bidder to QXO Inc. ( QXO) seems unlikely. Beacon shares edged lower by ~1% on Friday.
Stifel Nicolaus analyst W. Andrew Carter downgraded Beacon Roofing Supply (BECN – Research Report) to a Hold yesterday and set a price target ...
Greenwich-based QXO, a publicly traded company in the building products distribution industry launched in June 2024 by ...
Stifel analysts downgraded Beacon Roofing Supply stock, traded on (NASDAQ:BECN), from Buy to Hold, adjusting the price target to $122.55 from the previous $131.00. The stock, currently trading at $120 ...
Stifel downgraded Beacon (BECN) to Hold from Buy with a price target of $122.55, down from $131, following the company’s formal rejection of ...
Beacon Roofing Supply Inc. has officially rejected a hostile takeover approach from QXO Inc., setting the stage for a potentially protracted battle for control of the building supplies provider.
Back on Nov. 18, the Wall Street Journal reported that QXO — the building materials distribution platform started in late 2023 by Brad Jacobs — had made an offer to buy Beacon Roofing Supply. At the ...
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