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 ...

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.

Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially ...

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 ...

Kevin O'Marah, the chief research officer and co-founder of Zero100, a community research platform working towards zero carbon, sheds more light on how supply chains are likely to be impacted by ...

China’s Worst Deflation Was in Industry as Supply Glut Persisted Industrial prices fell 2.3% last year, steepest of all sectors Economy on track for longest deflation streak in decades ...

Beacon Roofing (NASDAQ:BECN) could see other takeover offers after QXO Inc. (QXO) disclosed its $124.25 a share offer this week, a bid that Beacon has rejected, according to a Stifel analyst.