Information Provided By:
Fly News Breaks for February 17, 2017
OC
Feb 17, 2017 | 05:57 EDT
Goldman analyst Samuel Eisner upgraded Owens Corning to Buy and raised its price target to $69 from $61 commenting consensus underappreciated price increases in insulation. Eisner said supply/demand dynamics favor price in 2017 as housing fundamentals remain supportive of upside to mid-cycle in single family, potentially pushing up capacity utilization to roughly 102%. The analyst's EBIT estimates are 10% above consensus through 2019 and expects improving insulation to drive increasing free cash flow.
News For OC From the Last 2 Days
There are no results for your query OC