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Thursday, July 5, 2012

Beacon Roofing Supply Upgraded by Zacks to "Outperform"

The firm currently has a $29.00 target price on the stock. Zacks ' analyst wrote, "We have upgraded our recommendation on Beacon Roofing to Outperform from Neutral with a target price of $29. Second-quarter 2012 earnings were $0.07 per share, beating the Zacks Consensus Estimate for a loss of $0.08. Revenues increased 33.4% to $395.2 million, ... (more)

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