Benchmark Maintains Buy on Masonite International, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Reuben Garner has maintained a Buy rating on Masonite International (NYSE:DOOR) but has reduced the price target from $133 to $115.
November 10, 2023 | 2:34 pm
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Benchmark analyst Reuben Garner maintains a Buy rating on Masonite International but lowers the price target from $133 to $115.
The reduction in price target may cause some investors to adjust their valuation models, potentially leading to short-term price fluctuations. However, the maintenance of a Buy rating suggests that the overall outlook for the company remains positive, which could mitigate any negative impact from the price target cut.
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IMPORTANCE 75
RELEVANCE 100