- GMS Inc GMS was initiated by Loop Capital analyst Jeffrey Stevenson, with a Buy rating and a price target of $62, implying an upside of 17%.
- The analyst mentions GMS has several positive catalysts that will move the shares higher.
- Stevenson thinks the share pullback from recent highs presents an attractive long-term entry point.
- Also Read: GMS' Q3 Revenue Surpass Street View, Registers 54% Growth.
- Price Action: GMS shares traded higher by 1.32% at $53.06 on the last check Friday.
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