Jefferies lowered the firm’s price target on Masco (MAS) to $62 from $64 and keeps a Hold rating on the shares. Masco “did a nice job framing the tariff impact, which likely puts a floor on earnings in 2025,” says the analyst. However, while adding that the company continues to execute well, shares “look fairly valued” and the firm advises waiting for a better entry point.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAS:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue