Wells Fargo raised the firm’s price target on Owens Corning (OC) to $160 from $150 and keeps an Overweight rating on the shares. The firm says that fresh return targets signals Owens sees its stock as its best investment. New EBITDA targets present compelling fundamentals, albeit with wider-than-ideal ranges, Wells adds.
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Read More on OC:
- Owens Corning: Strong Buy Rating Backed by Promising Financial Outlook and Strategic Growth Initiatives
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