UPDATE: Imperial Capital Downgrades Builders FirstSource on Valuation
February 24, 2014 at 07:54 AM EST
In a report published Monday, Imperial Capital analyst Scott Levine downgraded the rating on Builders FirstSource (NASDAQ: BLDR ) from Outperform to In-Line, but raised the price target from $8.50 to $9.50. In the report, Imperial Capital noted, “We are raising our one-year price target to $9.50 from $8.50 (about