RBC Capital Maintains Outperform on Owens-Corning, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl has maintained an 'Outperform' rating on Owens-Corning (NYSE:OC) but lowered the price target from $168 to $155.
October 26, 2023 | 5:37 pm
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NEUTRAL IMPACT
Owens-Corning's price target has been lowered from $168 to $155 by RBC Capital, though the 'Outperform' rating is maintained.
The news is directly about Owens-Corning. The lowering of the price target might indicate a potential downside risk, but the maintained 'Outperform' rating suggests that the analyst still sees the stock as a good investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100