Wells Fargo raised the firm’s price target on Owens Corning (OC) to $150 from $135 and keeps an Overweight rating on the shares. The firm says the company’s Q1 was fine, with beats on most big line items. All in, Wells “shakes out positive.”
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Read More on OC:
- Owens Corning price target raised to $139 from $130 at Evercore ISI
- Owens Corning price target raised to $136 from $133 at Deutsche Bank
- Owens Corning reports Q1 adjusted EPS $1.22, consensus 96c
- Owens Corning sees Q2 cont ops revenue $2.6B-$2.7B, consensus $2.55B
- Owens Corning Earnings Call Highlights Margin Resilience