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Fly News Breaks for January 5, 2017
MAS
Jan 5, 2017 | 16:26 EDT
Barclays analyst Michael Dahl initiated Masco with an Overweight and a $37 price target.
News For MAS From the Last 2 Days
MAS
Apr 25, 2024 | 08:15 EDT
Loop Capital lowered the firm's price target on Masco to $76 from $79 and keeps a Hold rating on the shares. The company reported a solid beat on the back of stronger-than-expected plumbing margins, but while its FY24 guidance was only reiterated, with no imminent negative change in trend expected in Q2, this outlook is "potentially conservative", the analyst tells investors in a research note. Masco is executing well despite weak volumes, but the firm still wants better visibility as the margin for error with investors has narrowed, Loop added.