UPDATE: Masonite International (DOOR) PT Lowered to $140 at Wedbush
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Masonite International (DOOR) PT Lowered to $130 at Stifel
February 23, 2022 1:15 PM ESTStifel analyst Stanley Elliott lowered the price target on Masonite International (NYSE: DOOR) to $130.00 (from $150.00) while maintaining a Buy rating following results.
The analyst commented, "4Q21 results were below expectations for both revenue and adjusted EBITDA driven by lower volumes... More
Masonite Int'l (DOOR) Announces $100M Accelerated Share Buyback, $200M Total Buyback
February 22, 2022 5:31 AM ESTMasonite International Corporation (NYSE: DOOR) announced today that its Board of Directors has approved a new share repurchase program allowing the Company to repurchase up to an additional $200 million of its outstanding common shares. The new authorization, plus approximately $156 million currently available under its existing share repurchase authorization approved in August 2021, provides the Company with over $350 million available for future share repurchase activity.
As part of its ongoing commitment to drive shareholder value, the Company announced that its Board of Directors has... More
