Wells Fargo lowered the firm’s price target on Owens Corning (OC) to $200 from $225 and keeps an Overweight rating on the shares. The firm notes the company’s Q4 EPS/call introduced almost as many questions as it answered, with Composite biz re-segmentation triggering fresh inbounds about structural margins in Roofing/Insulation. Wells says it sees no reason to worry, but recognizes the noise factor is frustrating.
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