RBC Capital downgrades Builders FirstSource to Sector Perform
RBC Capital cut Builders FirstSource to Sector Perform and set a $62.00 price target, implying 10.3% upside from the Oct 6 close of $56.22.
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RBC downgrades Builders FirstSource, Mohawk, Owens Corning; flags 2027 headwinds
RBC Capital Markets downgraded Builders FirstSource and Owens Corning to "sector perform" and Mohawk Industries to "underperform", citing weak flooring demand and mounting price and cost pressures. The brokerage also revised price targets for several building product companies, with larger challenges expected in 2027 d