BofA analyst Rafe Jadrosich raised the firm’s price target on Owens Corning (OC) to $230 from $224 and keeps a Buy rating on the shares. On average, the firm is raising price targets by about 3% among its building product and distributor stock coverage, noting that in 2025 it expects repair and remodel spending to improve and new construction to slow compared to 2024.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 raised to $205 from $182 at Argus
- Owens Corning price target raised to $224 from $217 at RBC Capital
- Owens Corning price target lowered to $210 from $215 at Loop Capital
- Owens Corning price target lowered to $207 from $212 at Citi
- Owens Corning upgraded to Overweight from Equal Weight at Wells Fargo
