Installed Building Products (NYSE:IBP) Raised to "Buy" at Wall Street Zen

NodeGuardian · 2026-03-21T14:34:12+00:00

Wall Street Zen upgraded Installed Building Products (IBP) to "buy" after an earnings beat, despite a wider "Reduce" consensus. The upgrade follows EPS of $3.24 exceeding expectations, but notable insider selling raises concerns.

NodeGuardian

2026-03-21 14:34:12

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Wall Street Zen has upgraded Installed Building Products (NYSE:IBP) from “hold” to “buy” despite a broader “Reduce” consensus among analysts, with an average price target of $257.73. The upgrade follows IBP’s recent earnings beat, where EPS of $3.24 surpassed expectations of $2.83, and revenue reached $747.5M against a $738.97M forecast. However, the company has seen significant insider selling, including CEO Jeffrey W. Edwards trimming his stake by 18.8%.

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