Owens Corning (OC) Tops Q2 EPS by 25c; Updates on FY15 Outlook

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FBR Capital Upgrades Owens Corning (OC) to Outperform

July 22, 2015 1:49 PM EDT

FBR Capital upgraded Owens Corning (NYSE: OC) from Market Perform to Outperform with a price target of $53.00 (from $42.00) following strong results.

Analyst Alex Rygie commented, "This morning, Owens Corning (OC) announced 2Q15 results that were ahead of expectations. It appears that OC's largest segment,... More