Masco (MAS) PT Raised to $44 at MKM Partners; 'Remain Buyers After Solid 2Q... Higher Guidance Despite Headwinds'
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Price: $73.21 -0.5%
Rating Summary:
14 Buy, 16 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
Rating Summary:
14 Buy, 16 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
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MKM Partners raised its price target on Masco (NYSE: MAS) to $44.00 (from $43.00) while maintaining a Buy rating, following the company's second quarter earnings report.
Analyst Megan McGrath notes the company delivered second quarter earnings per share results in-line with estimates, despite management producing revenues below consensus, yet offering higher guidance, amid product cost headwinds.
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