Wells Fargo Maintains Overweight on Masco, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sam Reid has maintained an Overweight rating on Masco (NYSE:MAS) and raised the price target from $90 to $92.

October 07, 2024 | 8:27 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its positive outlook on Masco by maintaining an Overweight rating and slightly increasing the price target to $92, indicating confidence in the company's performance.
The increase in price target from $90 to $92 by Wells Fargo suggests a positive outlook on Masco's future performance. The Overweight rating indicates that the analyst expects the stock to outperform the average total return of stocks in the analyst's coverage universe. This is likely to have a positive short-term impact on the stock price as investors may view this as a vote of confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100