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Fly News Breaks for October 2, 2018
MAS
Oct 2, 2018 | 08:13 EDT
Goldman Sachs analyst Doug Clark initiated Owens Corning with a Buy and $49 price target saying its diversified portfolio can perform best in a challenging housing market or one facing affordability issues. Further, Clark sees significant value in balance sheet optionality in the form of deployment, and management's diversified approach to buybacks, dividends, and MA&.