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Fly News Breaks for June 18, 2019
MAS
Jun 18, 2019 | 14:42 EDT
Raymond James analyst Sam Darkatsh said Masco's announcement of plans to pursue the sale of its more cyclical Cabinets and Windows businesses should help the shares re-rate higher. He sees the sale reducing overall cyclicality and thinks the remaining businesses have a "far more attractive financial profile," Darkatsh tells investors. He keeps a Strong Buy rating on Masco shares.
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