Jefferies analyst Philip Ng maintains $Masco (MAS.US)$ with a buy rating, and adjusts the target price from $86 to $96.
According to TipRanks data, the analyst has a success rate of 57.4% and a total average return of 10.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Masco (MAS.US)$'s main analysts recently are as follows:
The preference for building products over homebuilders is noted, particularly in the context of an uncertain earnings outlook within the homebuilding and building products group.
For the building products sector, expectations are being moderated to account for short-term challenges, which include inclement weather and a decline in housing starts, indicating that stock responses to earnings reports may be volatile. Nevertheless, a positive outlook is held towards 2025 due to anticipated lower rates, with the prediction that certain underperforming companies are positioned for a bounce back during earnings announcements.
Note:
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