Goldman Sachs Maintains Neutral on Owens-Corning, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari maintains a Neutral rating on Owens-Corning (NYSE:OC) and raises the price target from $113 to $150.

September 08, 2023 | 12:57 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Owens-Corning and raises the price target from $113 to $150.
The news directly pertains to Owens-Corning (OC). Goldman Sachs' decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $113 to $150 suggests a positive long-term outlook. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100