Barclays Maintains Overweight on Owens-Corning, Lowers Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Overweight rating on Owens-Corning (NYSE:OC) but lowers the price target from $185 to $153.
October 26, 2023 | 12:12 pm
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NEUTRAL IMPACT
Barclays maintains an Overweight rating on Owens-Corning but lowers the price target from $185 to $153.
While the Overweight rating indicates that Barclays expects Owens-Corning to outperform the market, the reduction in price target could lead to mixed investor sentiment. This might not significantly impact the stock price in the short term, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100