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Fly News Breaks for June 22, 2017
MAS
Jun 22, 2017 | 19:26 EDT
Credit Suisse analyst Susan Maklari initiated Masco with a Neutral and a $36 price target saying expected earnings growth and free cash flow are reflected in valuation.
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.