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Fly News Breaks for November 6, 2019
DOOR
Nov 6, 2019 | 09:00 EDT
Baird analyst Timothy Wojs raised his price target on Masonite to $72 from $65 following better than expected Q3 results. The analyst noted the better margins, and management reiterating guidance though hinting toward the lower end. He sees a new storyline for 2020 as management said they would be raising prices meaningfully as they seek higher margins/returns. Wojs reiterated his Outperform rating on Masonite shares.