Masonite Int'l (DOOR) Tops Q1 EPS by 16c

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Imperial Capital Raises Price Target on Masonite Int'l (DOOR) to $82.50; Reiterates Outperform

May 6, 2016 8:09 AM EDT

Imperial Capital reiterated an Outperform rating on Masonite International (NYSE: DOOR), and raised the price target to $82.50 (from $80.00), following a 1Q review. DOOR reported adjusted EBITDA of $58.2mn, well above the Street's estimate of $49.7mn. Revenue of $489.3mn exceeded Imperial Capital's estimate by $44mn.... More