Barclays Maintains Overweight on Masco, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Overweight rating on Masco (NYSE:MAS) and raised the price target from $88 to $92.
October 09, 2024 | 2:50 pm
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POSITIVE IMPACT
Barclays has reaffirmed its Overweight rating on Masco and increased the price target from $88 to $92, indicating a positive outlook on the stock.
The increase in price target from $88 to $92 by Barclays suggests a positive sentiment towards Masco's future performance. Maintaining an Overweight rating indicates that the analyst expects the stock to outperform the market. This is likely to have a positive short-term impact on the stock price as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100