Masco price target raised to $73 from $62 at Loop Capital

Loop Capital raised the firm’s price target on Masco (MAS) to $73 from $62 and keeps a Hold rating on the shares. The company has reported an impressive Q2 result on the back of stronger plumbing sales and better margins in both segments while also having re-instituted full year guidance that was above sell-side expectations, the analyst tells investors in a research note.