Downgrades Outperform Underperform X

IBP Installed Building Products

Evercore ISI

$238 $206

Downgrades Buy Neutral X

IBP Installed Building Products

Seaport Research Partners

Downgrades Sec Perform Underperform X

IBP Installed Building Products

RBC Capital Mkts

$203 $197

Initiated Buy X

IBP Installed Building Products

DA Davidson

$275

Downgrades Overweight Neutral X

IBP Installed Building Products

JP Morgan

$199 $242

Upgrades Hold Buy X

IBP Installed Building Products

Loop Capital

Downgrades Buy Hold X

IBP Installed Building Products

Truist

$160 $200

Upgrades Neutral Overweight X

IBP Installed Building Products

JP Morgan

$165 $199

Upgrades Neutral Buy X

IBP Installed Building Products

Goldman

$146 $178

Upgrades In-line Outperform X

IBP Installed Building Products

Evercore ISI

$150 $165

Upgrades Hold Buy X

IBP Installed Building Products

The Benchmark Company

$150

Initiated Buy X

IBP Installed Building Products

Seaport Research Partners

$170

Upgrades Underperform Sec Perform X

IBP Installed Building Products

RBC Capital Mkts

$85 $111

Resumed Neutral X

IBP Installed Building Products

BTIG Research

Upgrades Hold Buy X

IBP Installed Building Products

Deutsche Bank

$90 $124

Initiated Hold X

IBP Installed Building Products

Loop Capital

$110

Initiated Hold X

IBP Installed Building Products

Deutsche Bank

$108

Downgrades Buy Neutral X

IBP Installed Building Products

BTIG Research

Downgrades Sec Perform Underperform X

IBP Installed Building Products

RBC Capital Mkts

$91 $71

Initiated Neutral X

IBP Installed Building Products

Credit Suisse

$95

Downgrades Buy Hold X

IBP Installed Building Products

Jefferies

$117 $105

Downgrades Overweight Sec Weight X

IBP Installed Building Products

KeyBanc Capital Markets

Downgrades Overweight Neutral X

IBP Installed Building Products

JP Morgan

$166

Downgrades Outperform Sec Perform X

IBP Installed Building Products

RBC Capital Mkts

$132

Downgrades Outperform In-line X

IBP Installed Building Products

Evercore ISI

$137 $130

Initiated Overweight X

IBP Installed Building Products

JP Morgan

$140

Upgrades Hold Buy X

IBP Installed Building Products

Jefferies

$106 $132

Downgrades Buy Neutral X

IBP Installed Building Products

Nomura

$54 $50

Upgrades Neutral Outperform X

IBP Installed Building Products

Macquarie

Downgrades Buy Hold X

IBP Installed Building Products

Jefferies

Downgrades Outperform Sec Perform X

IBP Installed Building Products

RBC Capital Mkts

Downgrades Buy Hold X

IBP Installed Building Products

Deutsche Bank

$44 $38

Downgrades Buy Neutral X

IBP Installed Building Products

Seaport Global Securities

Downgrades Overweight Eq-Weight X

IBP Installed Building Products

Stephens

Downgrades Outperform Neutral X

IBP Installed Building Products

Credit Suisse

Initiated In-line X

IBP Installed Building Products

Evercore ISI

$65

Upgrades Hold Buy X

IBP Installed Building Products

Jefferies

Initiated Buy X

IBP Installed Building Products

Nomura

$77

IBP  Installed Building Products, Inc.

Installed Building Products, Inc. is a holding company. The Company is a residential insulation installer in the United States. As of December 31, 2016, the Company's national platform included over 100 locations accessing customers in 48 continental states and the District of Columbia. The Company also installs complementary building products, including garage doors, rain gutters, shower doors, closet shelving and mirrors, which provides cross-selling opportunities to supplement the insulation installation business. The Company manages various aspects of the installation process for the customers, from the direct purchase and receipt of materials from national manufacturers, to supply of materials to job sites and quality installation. The Company's customers include production and custom homebuilders, multi-family and commercial contractors, and homeowners.