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Fly News Breaks for May 10, 2017
DOOR
May 10, 2017 | 08:05 EDT
RBC Capital analyst Robert Wetenhall recommends buying Masonite on weakness after it reported weaker than expected results. The analyst says that the miss was probably caused by "manufacturing inefficiencies" and "inventory adjustments" by large retailers. He expects these issues to "be resolved," and he keeps a $92 price target and Outperform rating on the shares.
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