UBS Maintains Buy on CRH, Lowers Price Target to $135
UBS analyst Julian Radlinger maintains CRH (NYSE:CRH) with a Buy and lowers the price target from $147 to $135.
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Shares of building materials companies are trading lower. Elevated bond yield and energy price gains may drive up borrowing costs, leading to a slowdown for the sector from fewer housing and construction projects.
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