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Masco price target lowered to $75 from $92 at Truist

Truist analyst Keith Hughes lowered the firm’s price target on Masco (MAS) to $75 from $92 and keeps a Buy rating on the shares after the company reported below-Street results and withdrew 2025 guidance due to tariff uncertainty. China tariffs are most of the exposure and net of pricing, which will probably be up mid-single digits, and other actions could hurt EPS by 50c-70c in 2025 not including demand impacts, the analyst estimated. A lowering of China tariffs would bring this impact down notably, says the analyst, who adds that “2025 is going to be a volatile year until that tariff situation and its impact on consumer demand stabilizes.”

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