BlueLinx Announces Third Quarter 2021 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. AMGN
3. BKNG
4. DOX
5. DUOL
6. ANET
7. XYZ
8. SWKS
9. FISV
10. CVS

Go back to BlueLinx Announces Third Quarter 2021 Results

Loop Capital Upgrades BlueLinx (BXC) to Buy

November 4, 2021 7:14 AM EDT

Loop Capital analyst Jeffrey Stevenson upgraded BlueLinx (NYSE: BXC) from Hold to Buy with a price target of $75.00 (from $65.00).

The analyst comments "We are upgrading BXC to a BUY with $75 PT (6x FY22E EBITDA) as after an impressive 3Q earnings beat of $78M (Loop: $57M), we feel there are enough catalysts moving forward to get formally positive on the name even after the big move in the stock. We note that theres over 20% upside potential to our new PT from todays close. Recall that we had gotten incrementally... More