Goldman Sachs Upgrades Masco (MAS) to Neutral
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Price: $74.33 -0.34%
Rating Summary:
13 Buy, 17 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
13 Buy, 17 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs upgraded Masco (NYSE: MAS) from Sell to Neutral with a price target of $10 (up from $7).
The firm said the company is in the early stages of rectifying its cost structure, and its FY2012 consensus estimates, down 65% since Oct 2010, are "much more achievable."
For an analyst ratings summary and ratings history on Masco click here. For more ratings news on Masco click here.
Shares of Masco closed at $9.16 yesterday.
The firm said the company is in the early stages of rectifying its cost structure, and its FY2012 consensus estimates, down 65% since Oct 2010, are "much more achievable."
For an analyst ratings summary and ratings history on Masco click here. For more ratings news on Masco click here.
Shares of Masco closed at $9.16 yesterday.
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