BMO Capital raised the firm’s price target on Masco (MAS) to $77 from $75 and keeps a Market Perform rating on the shares. The stock rallied meaningfully after the company’s solid Q1 beat, though in the near term, visibility remains mixed, the analyst tells investors in a research note. BMO adds however that there’s upside risk to the forecast should demand prove more resilient and the raw material inflation doesn’t accelerate.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAS:
- Masco: Strong Q1 and Tariff Tailwinds Already Priced In, Limited Upside Supports Hold Rating
- Masco price target raised to $90 from $85 at Truist
- Masco price target raised to $97 from $96 at UBS
- Masco price target raised to $72 from $67 at RBC Capital
- Masco price target lowered to $79 from $84 at Citi