Masco price target raised to $71 from $62 at RBC Capital

RBC Capital raised the firm’s price target on Masco (MAS) to $71 from $62 and keeps a Sector Perform rating on the shares. The firm raised its FY25 and FY26 EPS estimates on a Q2 bat and higher FY25 guidance that assumes solid plumbing and today’s “tamer tariffs” versus the Q1 print. Plumbing pricing and Pro paint remain partial offsets to weaker plumbing volumes and DIY paint, while the rollback/pause in tariffs aids margins as Masco can more fully offset, the analyst tells investors in a research note.