Masonite Int'l (DOOR) Tops Q1 EPS by 4c

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Masonite International (DOOR) PT Lowered to $86 at Instinet; Reiterates Buy

May 9, 2017 9:08 AM EDT

Instinet lowered its price target on Masonite International (NYSE: DOOR) to $86.00 (from $90.00) while maintaining a Buy rating. Masonite reported $52.9mn adjusted EBITDA, 12% below the $60mn consensus.

Masonite did not provide 2017 guidance, just like it did not provide any guidance in its 1Q16 release,... More