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Beacon Roofing Supply (BECN) Downgraded to Hold at BidaskClub

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Beacon Roofing Supply ( BECN) saw a positive improvement to its Relative Strength. Once a stock moves above that range, it’s best to hold off investing and wait for it to set up another buying.

BidaskClub lowered shares of beacon roofing supply (nasdaq:becn) from a hold rating to a sell rating in a research note released on Thursday. Several other equities research analysts have also recently weighed in on BECN.

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In recent trading, shares of Beacon Roofing Supply Inc (Symbol: BECN) have crossed above the average analyst. the analyst logically has two ways to react: downgrade on valuation, or, re-adjust.

Within our up-to-date Beacon Roofing Supply, Inc. (becn) stock research Report you will find a host of valuable data points and information to help you understand this stock. From analyst recommendations to any dividend declarations, earnings announcements, or insider trades, you’ll be able to get the big picture for Beacon Roofing Supply, Inc.

BidaskClub raised Beacon Roofing Supply from a "hold" rating to a "buy" rating in a research note on Wednesday, January 9th. Finally, Wedbush lifted their price objective on Beacon Roofing Supply from $30.00 to $33.00 and gave the stock a "neutral" rating in a research note on Friday, February 8th.

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(BUSINESS WIRE) — Beacon Roofing Supply, Inc. BECN, -0.25% (“Beacon”) announced today the. will receive all of the net proceeds from this offering and will not hold any shares of.

Beacon Roofing Supply, Inc. (becn) ownership summary provides a high level overview of up-to-date institutional holdings and insider trades

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BidaskClub upgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a sell rating to a hold rating in a report issued on Friday morning, BidAskClub reports. Several other research analysts also recently weighed in on the company. Royal Bank of Canada set a $35.00 price objective on shares of Beacon Roofing Supply and gave the company [.]

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Beacon Roofing Supply (NASDAQ:BECN) has been assigned a $45.00 price target by analysts at Raymond James in a note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock. Raymond James’ price objective indicates a potential upside.

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