Masco price target lowered to $65 from $75 at BMO Capital

BMO Capital lowered the firm’s price target on Masco (MAS) to $65 from $75 and keeps a Market Perform rating on the shares. The stock is likely to remain range bound in the near-term due to uncertainty around tariffs, the analyst tells investors in a research note. While the balance sheet is healthy, price hikes to mitigate the tariff drag puts further downward pressure on demand, and the case to buy the stock today isn’t obvious against the backdrop of weakening demand and tariffs, the firm says.