Masco (MAS) PT Raised to $43 at RBC Capital
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Price: $73.51 -1.1%
Rating Summary:
13 Buy, 17 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
Rating Summary:
13 Buy, 17 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
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RBC Capital analyst Mike Dahl raised the price target on Masco (NYSE: MAS) to $43.00 (from $39.00) while maintaining a Outperform rating after the company recently announced it is exploring strategic alternatives for its Cabinets, Windows and Other Specialty businesses.
"Net, we see a potential RemainCo consisting of ~60% Plumbing/~40% Decorative Architectural as garnering a significant multiple premium vs. building product peers," the analyst commented.
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