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Fly News Breaks for February 5, 2020
DOOR
Feb 5, 2020 | 07:50 EDT
As previously reported, Benchmark analyst Reuben Garner initiated coverage of Masonite with a Buy rating and $100 price target and named the stock one of the firm's Top Picks for 2020. He sees several company-specific drivers, including an improving pricing story in the doors space and internal cost savings initiatives, that he believes the market is underappreciating, Garner tells investors. He also thinks the risks from an ongoing lawsuit between competitors are overstated, the analyst added.
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