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Fly News Breaks for October 26, 2016
MAS
Oct 26, 2016 | 07:28 EDT
As previously reported, MKM Partners upgraded Masco to Buy from Neutral and lowered its price target to $36 from $40. Analyst Megan McGrath said yesterday's pullback in shares presents a compelling buying opportunity, especially since management remains confident in FY17 guidance of $1.80, and believes the repair/remodel cycle will continue.
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