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Fly News Breaks for May 17, 2018
MAS
May 17, 2018 | 08:44 EDT
After hosting investor meetings with management, Jefferies analyst Philip Ng recommends using the recent pullback in shares of Masco to add to positions. Management is confident that inflation can be passed through with price increases, Ng tells investors in a research note. He believes Masco "is one of the cleanest stories in the group" and keeps a Buy rating on the shares with a $53 price target.
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