Information Provided By:
Fly News Breaks for March 1, 2017
OC
Mar 1, 2017 | 07:07 EDT
BofA/Merrill analyst John Lovallo upgraded Owens Corning to Buy and raised its price target to $69 from $61 citing increased confidence that industry is operating line capacity utilization could increase to the mid-90% range in 2H 2017/18 from roughly 90% today. Following management meetings yesterday, Lovallo raised estimates to reflect increased confidence in a positive price inflection in the insulation business and said Composites pricing could rise more than expected in 2017.
News For OC From the Last 2 Days
There are no results for your query OC