{
  "id": 11180418,
  "title": "Canaccord cuts Hillman Solutions stock price target on housing headwinds",
  "url": "https://urgent.news/2026/10/01/canaccord-cuts-hillman-solutions-stock-price-target-on-housing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T11:44:54.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/canaccord-cuts-hillman-solutions-stock-price-target-on-housing-headwinds-93CH-4927233"
  },
  "original_language": "en",
  "account": "Canaccord lowered its price target for Hillman Solutions Corp. (HLMN) shares to $13 from $14, keeping the stock on a Buy rating. The company's stock is currently trading at $6.99, close to its 52-week low of $6.84. An analyst survey was conducted on 52 of Hillman's customer locations, encompassing 10 Ace Hardware, 10 Home Depot, 14 Tractor Supply, and 18 traditional hardware stores. This survey revealed that a majority of associates attribute the business decline to higher mortgage rates and interest rates. The stock has decreased by 19% year-to-date due to these challenges. Notably, Hillman recently completed its Kanebridge acquisition, which expands its addressable market in the Industrial segment by $1 billion, bringing the company's total addressable market to $3 billion. Hillman currently serves just 3% of this market. Despite the near-term hurdles, an InvestingPro analysis suggests that the stock is undervalued at present, trading at a low P/E ratio relative to its expected earnings growth. For those seeking more detailed analysis, Hillman Solutions is included in InvestingPro’s extensive Pro Research Reports covering over 1,400 US equities.",
  "summary": null,
  "key_points": [
    "Canaccord lowers Hillman Solutions stock target to $13 from $14",
    "Associates cite higher mortgage and interest rates as business decline cause",
    "Kanebridge acquisition expands addressable market to $3 billion"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Why is Cognizant Technology Solutions stock surging today?",
        "url": "https://urgent.news/2026/10/01/why-is-cognizant-technology-solutions-stock-surging-today",
        "published": "2026-10-01T11:42:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}