Barclays analyst Matthew Bouley lowered the firm’s price target on Owens Corning (OC) to $135 from $138 and keeps an Overweight rating on the shares. The firm adjusted targets in the homebuilding and building products space as part of a Q1 earnings preview. Barclays favors building products and distributor names with pricing power and/or vertical integration. Investors should continue to avoid homebuilders as 2026 “shapes up to be a potential lost year,” the analyst tells investors in a research note.
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 OC:
- Owens Corning shares undervalued at current levels, says Deutsche Bank
- TopBuild price target raised to $433 from $410 at RBC Capital
- Owens Corning price target raised to $149 from $135 at Citi
- Owens Corning price target raised to $140 from $132 at BofA
- Owens Corning price target raised to $132 from $117 at Evercore ISI
