Fly News Breaks for July 25, 2019
Jul 25, 2019 | 07:12 EDT
SunTrust analyst Keith Hughes raised his price target on Owens Corning to $58 after its Q2 earnings beat, saying the lower costs and roofing volumes drove the upside in the quarter. The analyst keeps his Hold rating on the stock however, citing the continued asphalt inflation and no indication by the management that it will consider strategic changes addressed in the recent activist involvement.
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