Stifel Raises Hillman Solutions PT to $12 from $10.75, Maintains Buy Rating

Stifel Raises Hillman Solutions PT to $12 from $10.75, Maintains Buy Rating

Stifel Nicolaus has raised its price target for Hillman Solutions (HLMN) to $12 from $10.75, while maintaining its buy rating. This update reflects the investment bank's continued confidence in the company's prospects.

According to Stifel, Hillman Solutions' strong performance in the construction sector, driven by robust demand for its services, justifies the price target increase. The analyst, W. Andrew Carter, expects the company to continue delivering solid growth, particularly in its core business segments.

The consensus among Wall Street analysts for Hillman Solutions remains "Moderate Buy," with 4 analysts rating the stock as a buy and 4 as a hold. The average price target for Hillman Solutions is $10.75, with a high forecast of $16.00 and a low forecast of $8.00. This consensus indicates a predicted upside of 37.47% from the current price of $7.82.

Stifel's positive outlook on Hillman Solutions is supported by the company's strong market position and the analyst's expectation of continued growth. However, investors should closely monitor the company's earnings reports and any potential market disruptions.

References:
[1] https://www.marketbeat.com/stocks/NASDAQ/HLMN/forecast/