Goldman Sachs raised the firm’s price target on Masco (MAS) to $90 from $79 and keeps a Buy rating on the shares. Masco is seen as well-positioned for relative outperformance following Q1 results, supported by early benefits from restructuring, cost actions, and growth initiatives, the analyst tells investors in a research note. Strength in plumbing volumes, margins, and new product momentum, along with organizational streamlining, suggests potential upside as execution progresses.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAS:
