Owens Corning (OC) Tops Q2 EPS by 43c

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Jefferies Reiterates Buy on Owens Corning (OC) Following 2Q - PT to $63

July 28, 2016 9:32 AM EDT

Jefferies reiterated a Buy rating on Owens Corning (NYSE: OC), and raised the price target to $63.00 (from $61.00), following the company's 2Q earnings report.

Analyst Philip Ng commented, "With OC delivering a very strong 2Q, estimates moving higher, and conservative guidance, we believe... More