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Tuesday, 04/14/2015 9:44:30 AM

Tuesday, April 14, 2015 9:44:30 AM

Post# of 704570
$BLDR up another 13% today. Builders FirstSource's Stock Pop Not a 1-Day Move -- Market Talk BLDR 8:15 EDT - Stifel Nicolaus calls Builders FirstSource's (BLDR) pending $1.63B acquisition of No. 1 building-products distributor ProBuild "transformative" as it upgrades the manufacturer and supplier to buy and sets a $20 price target. That after shares spiked 68% yesterday to $11.57, hitting a 7-year high after largely being stuck below $8 since the housing bubble burst. The investment bank highlights not just the potential cost savings from the combination but the likelihood that housing construction continues to rise at a time BLDR's product offerings and geographic footprint will increase. Shares are up another 11% premarket at $12.84. (kevin.kingsbury@wsj.com; @kevinkingsbury)

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