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MAS

Masco

$40.82

0.325 (0.80%)

, HD

Home Depot

$173.36

0.5 (0.29%)

08:06
04/13/18
04/13
08:06
04/13/18
08:06

Masco price target raised to $50 from $46 at Argus

Argus analyst Chris Graja raised his price target on Masco (MAS) to $50 ahead of its Q1 earnings, saying the company has beaten consensus in eight of the last 12 quarters. Graja also cites his continued optimism about the positive impact of recovery in the U.S. housing market as well as remodeling activity driving sales growth and profitability amid strong consumer demand for renovation brands like "Delta faucets, Hansgrohe faucets (internationally), Behr Paints, Milgard windows and KraftMaid cabinets". Graja further notes an increase in big ticket item spending at Home Depot (HD) and Lowe's (LOW), where customers are taking advantage of the growing professional services business. The analyst keeps his Buy rating on Masco, further noting that its valuation of 12-times trailing EBITDA is "in line or slightly below" the peer average.

MAS

Masco

$40.82

0.325 (0.80%)

HD

Home Depot

$173.36

0.5 (0.29%)

LOW

Lowe's

$87.04

0.39 (0.45%)

  • 24

    Apr

  • 30

    May

MAS Masco
$40.82

0.325 (0.80%)

01/05/18
JPMS
01/05/18
DOWNGRADE
Target $48
JPMS
Neutral
Masco downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Michael Rehaut downgraded Masco to Neutral with an unchanged price target of $48. The company's turnaround story and benefit from corporate tax reform has largely been reflected by the stock's outperformance in 2017, the analyst tells investors in a research note. He believes further margin improvement in Cabinets and Windows is already reflected by the Street's estimates.
01/22/18
FBCO
01/22/18
NO CHANGE
Target $46
FBCO
Neutral
Masco price target raised to $46 from $36 at Credit Suisse
Credit Suisse analyst Susan Maklari raised her price target for Masco to $46 from $36 on valuation. The analyst reiterates a Neutral rating on the shares.
02/09/18
BARD
02/09/18
NO CHANGE
Target $50
BARD
Outperform
Masco weakness a buying opportunity, says Baird
Baird analyst Timothy Wojs recommended investors buy Masco shares on the recent weakness. The analyst noted its solid Q4 results were underpinned by its resilient portfolio, strong free cash flow, and further capital deployment. Wojs reiterated his Outperform rating and $50 price target on Masco shares and elevated the stock to a Fresh Pick as the risk/reward is compelling.
03/22/18
DBAB
03/22/18
UPGRADE
DBAB
Buy
Masco upgraded to Buy from Hold at Deutsche Bank
HD Home Depot
$173.36

0.5 (0.29%)

03/02/18
03/02/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Home Depot (HD), Lowe's (LOW), Tempur Sealy (TPX), Mohawk (MHK), Lumber Liquidators (LL) and Michaels (MIK) initiated with a Hold at Loop Capital. The firm also started Fortune Brands (FBHS) and Wayfair (W) with a Buy. 2. Aflac (AFL), Lincoln National (LNC), Brighthouse Financial (BHF), MetLife (MET) Unum (UNM), Principal Financial (PFG) and Reinsurance Group (RGA) initiated with a Neutral at UBS. The firm also initiated Voya (VOYA) and FGL Holdings (FG) with a Buy and Torchmark (TMK) and American Equity (AEL) with a Sell. 3. HP Enterprise (HPE) initiated with a Neutral at JPMorgan. 4. Caterpillar (CAT), Deere (DE), United Rentals (URI) and Wabco (WBC) initiated with an Overweight, Oshkosh (OSK), Terex (TEX), Cummins (CMI), CNH Industrial (CNHI) and REV Group (REVG) initiated with an Equal Weight and Paccar (PCAR) and Agco (AGCO) initiated with an Underweight at Morgan Stanley. 5. Conatus (CNAT) initiated with an Outperform at Oppenheimer. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/01/18
LOOP
03/01/18
INITIATION
Target $187
LOOP
Hold
Home Depot initiated with a Hold at Loop Capital
Loop Capital analyst Laura Champine started Home Depot with a Hold rating and $187 price target, contending that its margins are "at a self-imposed peak" as the company's commitment to continued share gains may put a lid on returns.
02/22/18
BMOC
02/22/18
NO CHANGE
Target $213
BMOC
Outperform
Home Depot price target raised to $213 from $191 at BMO Capital
BMO Capital analyst Wayne Hood raised his price target on Home Depot to $213 after the company's Q4 earnings beat, FY18 outlook supported by strong housing metrics, and affirmed longer term targets. Hood keeps his Outperform rating on Home Depot, forecasting further benefits from tax reform, growth of e-commerce, and initiatives to drive the Pro segment penetration.
04/04/18
STFL
04/04/18
NO CHANGE
STFL
Buy
Stifel lowers Q1 same-store sales estimates for Lowe's, Home Depot
Stifel analyst John Baugh lowered his Q1 same-store sales growth estimates for Home Depot (HD) to 6.0% from 6.5% and for Lowe's (LOW) to 4.0% from 4.7%, citing "a number of conspiring factors," including sluggish consumer spending data and bad weather. While acknowledging the opportunity for better results in April, Baugh said he would rather be somewhat conservative at this point, noting that consensus comp growth estimates are 5.9% for Home Depot and 4.4% for Lowe's. He maintains Buy ratings on both stocks.
LOW Lowe's
$87.04

0.39 (0.45%)

04/03/18
BOFA
04/03/18
NO CHANGE
BOFA
BofA/Merrill's Top 10 US Ideas for Q2 2018
BofA/Merrill introduced its Top 10 Ideas for Q2 2018. They are Buy rated Abbott (ABT), ADP (ADP),Coca-Cola European Partners (CCE), Discovery (DISCA), Dover (DOV), Lowe's (LOW), MGM Resorts (MGM), and Qualcomm (QCOM), and Underperform rated Ralph Lauren (RL) and BlackBerry (BB).
04/03/18
MSCO
04/03/18
NO CHANGE
Target $115
MSCO
Overweight
If history holds, Lowe's could outperform after CEO change, says Morgan Stanley
Following the announcement of a CEO transition at Lowe's (LOW), Morgan Stanley analyst Simeon Gutman looked at recent management changes at two large-cap Hardline retailers - Best Buy (BBY) and Advance Auto Parts (AAP) - as case studies searching for signs of what to expect at the home improvement retailer. While acknowledging that each situation is unique, Gutman also pointed out what he sees as "a few interesting similarities." The analyst noted that Best Buy had a tough first three months following the installment of Hubert Joly, but then the stock increased 200% in the following nine months, leaving the stock up 100% in the first 12 months of Joly's tenure. Advance Auto also initially dipped in the month following the onboarding of CEO Tom Greco, but then it rose 21% in the next seven months, noted Gutman. The analyst, who also noted that Lowe's multiple on 2019 EPS estimates is among the lowest compared to nearly all large cap retailers, keeps his Overweight rating on the shares.
03/27/18
JEFF
03/27/18
NO CHANGE
Target $129
JEFF
Buy
Lowe's shares remain cheap, says Jefferies
Lowe's shares are still cheap as they price in much of the interest rate cycle risk and little for potential operational improvement, Jefferies analyst Daniel Binder tells investors in a research note. Yesterday's news of Robert Niblock's retirement could be the beginning of broader changes within the company's leadership team, the analyst adds. He's encouraged by the swift changes the new board is undertaking and keeps a Buy rating on the shares with a $129 price target.

TODAY'S FREE FLY STORIES

JAG

Jagged Peak Energy

$13.68

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ESS

Essex Property Trust

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CPT

Camden Property

$93.03

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VRAY

ViewRay

$9.50

0.08 (0.85%)

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  • 08

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AMRB

American River

$15.20

(0.00%)

08:38
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CTR

ClearBridge Energy

$10.95

0.02 (0.18%)

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GTN

Gray Television

$17.40

-0.14 (-0.80%)

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  • 06

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CEM

Clearbrdige Energy MLP

$14.02

-0.07 (-0.50%)

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CRVS

Corvus Pharmaceuticals

$8.01

-0.1 (-1.23%)

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  • 22

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NKTR

Nektar

$48.23

-1.33 (-2.68%)

, RHHBY

Roche

$0.00

(0.00%)

08:37
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NKTR

Nektar

$48.23

-1.33 (-2.68%)

RHHBY

Roche

$0.00

(0.00%)

LLY

Eli Lilly

$111.91

-1.4 (-1.24%)

BMY

Bristol-Myers

$54.31

-1.7 (-3.04%)

03/08/13
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  • 22

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CBNK

Capital Bancorp

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COMM

CommScope

$25.58

-0.36 (-1.39%)

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  • 08

    Nov

GTN

Gray Television

$17.40

-0.14 (-0.80%)

08:36
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Gray Television reports proposed $2.15B incremental term loan »

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  • 06

    Nov

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    Nov

OMCL

Omnicell

, AMZN

Amazon.com

$1,763.91

-7.54 (-0.43%)

08:36
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OMCL

Omnicell

AMZN

Amazon.com

$1,763.91

-7.54 (-0.43%)

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  • 25

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ARCO

Arcos Dorados

$6.44

-0.05 (-0.77%)

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  • 06

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INTC

Intel

$43.98

-1 (-2.22%)

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  • 22

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MINI

Mobile Mini

$42.16

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ICBK

County Bancorp

$24.44

-0.63 (-2.51%)

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ATIS

Attis Industries

$0.29

-0.013 (-4.29%)

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INCY

Incyte

$66.09

1.66 (2.58%)

08:34
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  • 22

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TJX

TJX

$107.31

-2.32 (-2.12%)

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FAST

Fastenal

$51.99

-0.56 (-1.07%)

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