Zacks cut shares of Headwaters Incorporated (NYSE: HW) from an outperform rating to a neutral rating in a research note issued to investors on Tuesday. The firm currently has $10.80 target price on the stock.
Headwaters Incorporated traded down 4.74% on Tuesday, hitting $8.84. Headwaters Incorporated has a 52-week low of $2.87 and a 52-week high of $10.40. The stock’s 50-day moving average is currently $9.36. The company’s market cap is $644.1 million.
A number of other firms have also recently commented on HW. Analysts at Stifel Nicolaus initiated coverage on shares of Headwaters Incorporated in a research note to investors on Monday, January 14th. They set a buy rating and a $11.00 price target on the stock. Separately, analysts at Wedbush raised their price target on shares of Headwaters Incorporated from $10.00 to $13.00 in a research note to investors on Monday, January 7th. They now have an outperform rating on the stock. Finally, analysts at Avondale Partners upgraded shares of Headwaters Incorporated from a market perform rating to an outperform rating in a research note to investors on Thursday, December 27th. They now have a $10.00 price target on the stock, up previously from $7.50. They noted that the move was a valuation call.
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