 RBC Capital analyst Mike Dahl upgraded Beacon Roofing Supply, Inc. NASDAQ:BECN to Outperform from Sector Perform with an unchanged price target of 63. Dahl states that the stock now trades at 9.1-times his 2022 EBITDA of 598, which has gone up 3 from his prior estimate, adding that this multiple is 1-3 times below its recent highs and in line with its long-term average in spite of the companys improvements to margins and the balance sheet. 