Jefferies lowers Suncrete stock price target to $22 on weather impact
Jefferies reduced its price target for Suncrete Inc. (NASDAQ:RMIX) to $22 from $23, citing weather and integration challenges. The stock trades at $17.68, offering 24% upside. Despite a wider net loss of $37.1 million, Suncrete reported 146% revenue growth in Q2 2026, driven by acquisitions and organic growth.
