Citi lowered the firm’s price target on Owens Corning (OC) to $135 from $137 and keeps a Buy rating on the shares. The firm updated estimates and targets in the homebuilding and building products group as part of its 2026 outlook. Citi continues to prefer heavy construction materials with exposure to infrastructure over the residential exposed names.
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Read More on OC:
- Owens Corning price target lowered to $160 from $179 at UBS
- Owens Corning promotes Jose Mendez-Andino to chief innovation officer
- Owens Corning price target lowered to $130 from $150 at Wells Fargo
- Owens Corning price target lowered to $130 from $131 at Barclays
- Owens Corning raises quarterly dividend 15% to 79c per share