JP Morgan Maintains Overweight on Masonite International, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut has maintained an Overweight rating on Masonite International (NYSE:DOOR) but has reduced the price target from $122 to $105.
November 13, 2023 | 3:57 pm
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NEGATIVE IMPACT
JP Morgan maintains an Overweight rating on Masonite International but lowers the price target from $122 to $105.
The reduction in the price target by JP Morgan, despite maintaining an Overweight rating, could lead to a negative perception among investors, potentially causing a short-term decline in Masonite International's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100