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Builders FirstSource (BLDR) shares rose 2.6% after reporting Q3 earnings that beat analyst estimates but showed a 57% YoY drop in net income due to lower gross profit and higher expenses. The company's net profit margin declined to 4.7% from 8.2% a year ago. Analyst reactions were mixed, with Benchmark raising its price target and BMO Capital Markets reducing its target. The market considers this news meaningful but not fundamental.

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