$156,000, 23 Glendale Ave, Prestigious Home
Bldr Inc, to DRL Builders Inc.
BALANCED Invesco Multiple 36.46% N/A N/A AIM: Balanced Fund; A 34.98 47.45% 131.10% AIM: Balanced Fund; B 33.93 N/A N/A Vanguard Wellington 32.92 50.15 100.38 Flag Inv Value
Bldr; A 32.76 47.83 N/A
* Buckingham Research boosted the price target on Builders FirstSource, Inc.(NASDAQ:
BLDR) from $17 to $21.
As previously reported, he lowered his ratings on four stocks in the space - BMC Stock Holdings (BMCH), Builders FirstSource (
BLDR), Installed Building Products (IBP) and TopBuild (BLD) - all to Equal Weight from Overweight.
(NASDAQ:
BLDR) has entered into a definitive purchase agreement to acquire US-based professional building materials supplier ProBuild Holdings LLC in an all-cash transaction valued at approximately USD 1.63bn, the company said.
Builders FirstSource (
BLDR) was the top percentage gainer in the index over this period, posting modest but steady gains in every month but one; in November,
BLDR stock fell 0.36 points.
* Builders FirstSource (NASDAQ:
BLDR) shares achieved a new 52-week high on Tuesday morning, hitting $19.27 with a daily change of up 1.01%.
* For Builders FirstSource Inc (NASDAQ:
BLDR), Evercore ISI Group upgraded the previous rating of Underperform to the current rating In-Line.
(NASDAQ:
BLDR) has purchased US-based Timber Tech Texas, the company said.