Owens Corning shares are trading higher after JP Morgan maintained a Neutral rating on the stock and raised its price target from $116 to $161. Also, Goldman Sachs maintained a Neutral rating on the stock and raised its price target from $130 to $147.
Portfolio Pulse from Benzinga Newsdesk
Owens Corning (OC) shares are up as JP Morgan and Goldman Sachs maintain Neutral ratings but increase their price targets to $161 and $147, respectively.
December 14, 2023 | 3:46 pm
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POSITIVE IMPACT
Owens Corning's stock price is positively impacted by increased price targets from JP Morgan and Goldman Sachs, despite maintaining Neutral ratings.
The increase in price targets by reputable financial institutions like JP Morgan and Goldman Sachs suggests a positive outlook on the stock's value, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90