On Oct 31, major Wall Street analysts update their ratings for $Masco (MAS.US)$, with price targets ranging from $82 to $94.
Barclays analyst Matthew Bouley maintains with a buy rating, and adjusts the target price from $92 to $93.
UBS analyst John Lovallo maintains with a buy rating, and adjusts the target price from $89 to $94.
Evercore analyst Stephen Kim maintains with a hold rating, and adjusts the target price from $78 to $82.
Loop Capital analyst Garik Shmois maintains with a hold rating, and adjusts the target price from $76 to $87.
Oppenheimer analyst Tyler Batory maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Masco (MAS.US)$'s main analysts recently are as follows:
Masco's robust margin performance stands out amidst the more volatile trends seen in the housing sector. The company's collection of steady businesses is demonstrating exceptional performance, justifying its higher valuation multiple.
Masco's Q3 earnings were consistent with general expectations and exceeded estimates due to better-than-expected margins. The company has been effectively handling price and cost management, and has also seen improvements in productivity.
The firm acknowledged Masco for delivering strong results, highlighting that the plumbing sector was a significant contributor to the performance. The stance for long-term investment in the shares remains positive.
Masco's product portfolio is considered to exhibit long-term 'quality and resilience.' Despite third-quarter results aligning closely with expectations, there is an increased perception of demand risks extending to fiscal 2025 due to persistent rate volatility. It is believed that the current stock valuation already reflects the potential for improvement, which may constrain further gains.
Here are the latest investment ratings and price targets for $Masco (MAS.US)$ from 6 analysts:
Note:
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