JP Morgan Upgrades Owens-Corning to Neutral, Raises Price Target to $133
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Michael Rehaut has upgraded Owens-Corning (NYSE:OC) from Underweight to Neutral and raised the price target from $95 to $133.
July 28, 2023 | 9:20 am
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Owens-Corning has been upgraded by JP Morgan from Underweight to Neutral, with a price target increase from $95 to $133.
The upgrade from Underweight to Neutral by JP Morgan indicates a more positive outlook for Owens-Corning. The significant increase in the price target from $95 to $133 suggests that the analyst sees substantial upside potential for the stock. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100