RBC Capital analyst Mike Dahl lowered the firm’s price target on Owens Corning (OC) to $184 from $199 and keeps an Outperform rating on the shares. The firm is reducing its FY25 EPS view to $13.46 from $14.63 after the company’s weaker Q2 guide, projecting lower demand across segments, tempering insulation pricing, and modeling incremental tariff impact, the analyst tells investors in a research note. RBC adds however that valuation remains supportive and earnings are still relatively more resilient vs. peers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OC:
- Owens Corning price target lowered to $180 from $203 at Loop Capital
- Owens Corning price target lowered to $167 from $179 at Barclays
- Owens Corning: Strong Q1 Performance and Attractive Valuation Drive Buy Rating
- Owens Corning Reports Strong Q1 2025 Revenue Growth
- Owens Corning Reports Strong Q1 2025 Earnings