USG pullback a buying opportunity, says Jefferies Jefferies believes the 14% pullback this month in shares of USG has created a buying opportunity. The firm says that while its wallboard survey showed some isolated price give back and slower price implementation, it still believes USG should see a 14% price increase. Jefferies keeps a Buy rating on the stock with a $43 price target.
News For USG From The Last 14 Days
Check below for free stories on USG the last two weeks.
USG downgraded at RBC Capital As noted earlier, RBC Capital downgraded USG to Sector Perform from Outperform. The firm's expectations for wallboard volume in 2014 are below the consensus outlook. Target to $30 from $34.