Baird Downgrades Masonite International to Neutral, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Timothy Wojs downgraded Masonite International (NYSE:DOOR) from Outperform to Neutral and reduced the price target from $106 to $92.

December 19, 2023 | 12:06 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Baird analyst downgraded Masonite International from Outperform to Neutral and lowered the price target from $106 to $92.
Analyst downgrades typically lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The reduction in the price target further reinforces the expectation of a lower valuation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100