Stifel Nicolaus analyst W. Andrew Carter downgraded Beacon Roofing Supply (BECN – Research Report) to a Hold yesterday and set a price target ...
Stifel downgraded Beacon (BECN) to Hold from Buy with a price target of $122.55, down from $131, following the company’s formal rejection of ...
Beacon Roofing (NASDAQ:BECN) was to cut to hold from buy at Stifel as a rival strategic bidder to QXO Inc. (QXO) seems unlikely. Beacon shares edged lower by ~1% on Friday. "Though the rejection ...
Feb 6 (Reuters) - Beacon Roofing Supply (BECN.O), opens new tab said on Thursday its board had recommended shareholders reject QXO's (QXO.N), opens new tab tender offer to acquire all outstanding ...
Beacon (Nasdaq: BECN) (the "Company"), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, today announced that its Board of Directors ...
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Beacon Roofing (NASDAQ:BECN) could see other takeover offers after QXO Inc. (QXO) disclosed its $124.25 a share offer this week, a bid that Beacon has rejected, according to a Stifel analyst. "We ...
On Thursday, Stifel analysts downgraded Beacon Roofing Supply stock, traded on (NASDAQ:BECN), from Buy to Hold, adjusting the price target to $122.55 from the previous $131.00. The stock ...
HERNDON, Va., January 27, 2025--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the "Company") today confirmed that QXO, Inc. (NYSE: QXO) has commenced an unsolicited tender offer to acquire all ...
Beacon Roofing Supply Inc. has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.
(Reuters) -Beacon Roofing Supply on Tuesday adopted a poison pill defense to prevent a $11 billion hostile takeover by billionaire entrepreneur Brad Jacobs through his company QXO. The defense ...
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