Wedbush Downgrades Masonite International to Neutral, Announces $92 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has downgraded Masonite International (NYSE:DOOR) from Outperform to Neutral and set a price target of $92.
December 18, 2023 | 12:56 pm
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Wedbush analyst Jay McCanless downgraded Masonite International to Neutral from Outperform and set a price target of $92.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a short-term decline in the stock's price. The new price target of $92 may also suggest limited upside potential from the current trading price, influencing investor sentiment.
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