BMO Capital Markets upped its target price for Masco Corp (MAS) to $78.00, a move that followed the company's shares hitting an all-time high of $78.95. This performance occurred despite some underperformance compared to competitors and the market's mixed reactions to the company's Q2 2024 earnings. The earnings featured disappointments like revenue shortfalls, but they still soared above estimates. Plato Investment Management Ltd and B. Riley Wealth Advisors Inc. added to their positions in Masco, while others, like NBW Capital LLC, reduced their holdings. The newly raised target price ($78.00) resulted in the Masco shares reaching a new 1-year high of $78.95. Analysts' overall view is optimistic, with one firm raising Masco's target price to $88.00. Earnings for Q4 surpassed predictions, which led to a surge in stock prices. There is a marked interest in the company, with several major firms and groups acquiring large sums of shares.
Masco Corporation MAS News Analytics from Fri, 21 Jul 2017 02:35:40 GMT to Sun, 04 Aug 2024 15:58:33 GMT -
Rating 8
- Innovation 2
- Information 7
- Rumor 4
