DA Davidson Adds Installed Building Products to 'Best-of-Breed' List
DA Davidson analyst Kurt Yinger added Installed Building Products (NYSE:IBP) to the firm’s Best-of-Breed Bison List on June 1, citing its strong business performance and strategic advantages. The company has shown consistent organic sales growth above housing completion rates and recently acquired Diamond Energy Systems for $12 million in annual revenue.
Tickers: $IBP
Topics: acquisition strategy building materials residential recovery