Baird Maintains Outperform Rating for Simpson Manufacturing Co: Here's What You Need To Know

Baird has decided to maintain its Outperform rating of Simpson Manufacturing Co SSD and raise its price target from $125.00 to $140.00.

Shares of Simpson Manufacturing Co are trading up 9.57% over the last 24 hours, at $123.79 per share.

A move to $140.00 would account for a 13.09% increase from the current share price.

About Simpson Manufacturing Co

Simpson Manufacturing Co Inc is a manufacturer of wood construction products. The company offers connectors, truss plates, fastening systems, fasteners, prefabricated lateral systems, concrete construction products, adhesives, mechanical anchors, carbide drill bits, powder-actuated tools, and fiber reinforced materials. Simpson Manufacturing markets its products to the residential, light industrial, and commercial construction markets as well as the remodeling and do-it-yourself markets. The largest end market is the United States.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.