How high is too high for a great building stock? A number of hedge funds have highlighted the company in recent letters, and one fund has an incredible price target of $647 for this company trading at around $103.
Background
The company consolidates building products distributors and certain products for construction, specifically, trusses, lumber, wall panels, stairs, custom millwork, engineered wood, and other components for pre-assembled housing.
It also offers design support and digital tools aimed at streamlining the building process.
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