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Loop Capital Markets Remains a Buy on Bluelinx Holdings (BXC)
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Loop Capital Markets Remains a Buy on Bluelinx Holdings (BXC)

Loop Capital Markets analyst Jeffrey Stevenson maintained a Buy rating on Bluelinx Holdings (BXCResearch Report) today and set a price target of $105.00. The company’s shares closed yesterday at $86.33.

Stevenson covers the Real Estate sector, focusing on stocks such as Installed Building Products, SiteOne Landscape Supply, and AZEK Company. According to TipRanks, Stevenson has an average return of -0.4% and a 54.55% success rate on recommended stocks.

Currently, the analyst consensus on Bluelinx Holdings is a Strong Buy with an average price target of $105.00.

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The company has a one-year high of $98.33 and a one-year low of $57.50. Currently, Bluelinx Holdings has an average volume of 85.41K.

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BlueLinx Holdings, Inc. engages in the distribution of building and industrial products. Its products include two principal categories: structural and specialty. Structural products include plywood, oriented strand board, rebar and remesh, lumber, spruce and other wood products primarily used for structural support, walls, and flooring in construction projects. Specialty products include engineered wood products, moulding, siding, cedar, metal products and insulation. The company was founded in May 2004 and is headquartered in Atlanta, GA.

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