KeyBanc analyst Kenneth Zener upgraded Masco to Overweight from Sector Weight with a $52 price target. In a research note to investors, Zener says the company's simplified portfolio of Paint and Plumbing and his confidence in its forward earnings potential, affirms his view that its valuation can rise, as a simpler business model offers investors greater stability. While not at valuation lows seen in early 2019, despite the stock's run, Zener says he thinks Masco is a core holding in his coverage universe, as steady U.S.demand will likely support cash-flow growth amid rising steady share buybacks.