02:55 PM EDT, 08/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target by $13 to $107, 19.2x our next-12-month EPS estimate, below U.S peers averaging 23.2x but a premium to international peers at 15.2x. We raise our 2025 EPS view by $0.15 to $5.41 and lower 2026's by $0.22 to $5.87, as we see persistent residential headwinds through early 2026. Residential construction spending fell 6.2% Y/Y in June 2025, while repair & remodel shifted from double-digit growth in late 2024 to Y/Y declines in the last three months. Data center growth remains strong but has decelerated, while warehouse activity shows stabilization. Public construction has shown some revival recently, with accelerating growth rates currently at 5.2% in June, while highway spending inflected to growth in June following eight months of Y/Y declines. While overall U.S. construction trends have improved since our downgrade to Hold, we seek continued progress as the full impact of tariffs and employment issues, namely immigration policy driven shortages, may not yet be fully materialized.