Masco price target raised to $77 from $71 at Barclays

Barclays analyst Matthew Bouley raised the firm’s price target on Masco (MAS) to $77 from $71 and keeps an Overweight rating on the shares. The firm remains cautious on homebuilders and expect order misses in Q2 with softer margin outlooks. While tariff relief should de-risk product names, uncertainty around pricing power and demand elasticity remains, the analyst tells investors in a research note. Barclays prefers defensive names with greater pricing power.