Oppenheimer raised the firm’s price target on James Hardie (JHX) to $30 from $28 and keeps an Outperform rating on the shares post Q2 earnings. Key takeaways from the quarter included stronger than expected second half of 2026 margin guidance in the siding and trim segment and MSD sell-through so far this year in the deck, rail & accessories segment, Oppenheimer adds. The company also exceeded its FY26 AZEK-related cost synergy target ahead of schedule and is progressing on commercial synergy wins.
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