Raymond James Maintains Strong Buy on Construction Partners, Lowers Price Target to $145
Raymond James analyst Patrick Tyler Brown maintains Construction Partners (NASDAQ:ROAD) with a Strong Buy and lowers the price target from $150 to $145.
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8-K filing — Construction Partners, Inc. (ROAD)
Filed: 2026-10-19 AccNo: 0001628280-26-066283 Size: 169 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
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Shares of construction companies are trading lower after the Federal Reserve's September meeting minutes, which said officials expect another interest rate hike before the end of the year. The sector may be feeling pressure from climbing 10-year Treasury yields.
Baird Maintains Outperform on Construction Partners, Lowers Price Target to $141
Baird analyst Andrew Wittmann maintains Construction Partners (NASDAQ:ROAD) with a Outperform and lowers the price target from $145 to $141.