BofA/Merrill Lynch Upgrades Owens Corning (OC) to Buy, Raises Target to $42

March 23, 2011 9:00 AM EDT
Get Alerts OC Hot Sheet
Price: $153.33 -0.87%

Rating Summary:
    17 Buy, 18 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 21 | New: 20
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BofA/Merrill Lynch upgraded shares of Owens Corning (NYSE: OC) from Neutral to Buy Wednesday morning. The firm slightly boosted its price target on Owens Corning shares from $39 to $42.

Based on Tuesday's closing price of $33.92, BofA's new price target suggests potential upside of about 24%.

For more ratings news on Owens Corning click here and for the rating history of Owens Corning click here.


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