Information Provided By: 
Fly News Breaks for October 22, 2019
OC
Oct 22, 2019 | 06:30 EDT
Buckingham analyst Megan McGrath upgraded Owens Corning to Buy from Neutral with a price target of $79, up from $59. The company's installation business should benefit from recent improved volumes in residential U.S. construction and potentially improved price stability, McGrath tells investors in a research note. Further, its roofing business could see some upside in upcoming quarters from better weather as well as any higher storm activity in late 2019 and early 2020, adds the analyst. She sees Owens Corning's near-term risk as positive view.
News For OC From the Last 2 Days
OC
Apr 24, 2024 | 06:23 EDT
Sees Q2 EBIT margin 20%. Sees FY24 effective tax rate 24%-26%.
OC
Apr 24, 2024 | 06:20 EDT
OC
Apr 24, 2024 | 06:12 EDT
Sees FY24 interest expense $70M-$80M; effective tax rate on adjusted earnings 24%-26%; capital additions $550M; and depreciation and amortization $550M.
OC
Apr 24, 2024 | 06:10 EDT
