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BLD / BTIG Downgrades TopBuild Citing Valuation

BTIG analyst Ryan Gilbert downgraded TopBuild Corp (NYSE:BLD) to Neutral from Buy as part of a broader research note on Building Products. Gilbert states that while 2021 was strong for the group as companies capitalized on a favorable supply/demand dynamic to drive outsized revenue and EBITDA growth, 2022 growth will slow in the single-family new construction. Read More

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Posted: Dec 3 2021, 13:17

Author Name: Benzinga

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