Wells Fargo Begins Coverage of Installed Building Products with Neutral Rating

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On November 17, 2025, Wells Fargo initiated coverage of Installed Building Products (NYSE:IBP) with an Equal-Weight recommendation. The average one-year price target is set at $253.90 per share, indicating a potential upside of 3.73% from the latest closing price of $244.76.

The projected annual revenue for Installed Building Products is $2.936 billion, reflecting a decrease of 1.26%. Additionally, 812 funds reported positions in the company, increasing by 5.45% from the last quarter. The total shares owned by institutions decreased by 4.22% to 35.307 million shares.

The put/call ratio for IBP stands at 1.29, suggesting a bearish outlook among investors.

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