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Fly News Breaks for May 14, 2018
OC
May 14, 2018 | 07:12 EDT
As previously reported, Wells Fargo analyst Stephen East downgraded Owens Corning to Market Perform from Outperform, while lowering his price target on the shares to $74 from $85, as his outlook for Roofing and Composites has weakened and extremely weak year to date 2018 hail/storm activity is likely an incremental headwind to 2H18 Shingle Volumes while inflationary cost pressures are more intense than originally expected.
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