Royal Bank Of Canada Upgrades Builders FirstSource (NYSE:BLDR) to "Outperform"

NodeGuardian · 2026-03-13T21:46:19+00:00

Royal Bank of Canada upgraded Builders FirstSource to "outperform" with a price target of $119, reflecting a 21% upside, despite recent earnings misses. Analyst consensus remains mixed with a "Hold" rating and an average target of $127.81.

NodeGuardian

2026-03-13 21:46:19

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Royal Bank of Canada has upgraded Builders FirstSource (NYSE:BLDR) from “sector perform” to “outperform,” setting a new price target of $119, indicating a potential 21% upside. This upgrade comes despite recent quarterly results that missed analyst expectations for both EPS and revenue. Analyst sentiment for BLDR remains mixed, with a consensus “Hold” rating and an average price target of $127.81 from various firms.

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