Wells Fargo Bumps Up Owens Corning Price Target By 7%

  • Wells Fargo analyst Deepa Raghavan raised the price target on Owens Corning OC to $105 (an upside of 7.6%) from $98 and maintained an Equal Weight rating on the shares.
  • The analyst believes stock reaction is well deserved. Raghavan says that the shares' outperformance is likely reflective of strong outlooks, in keeping with recent themes across housing stocks.
  • Related: Owens Corning Stock Surges As Q4 Results Surpass Estimates; Boosts Buyback
  • Price Action: OC shares are trading lower by 3.19% at $97.58 on the last check Thursday.
Loading...
Loading...
OC Logo
OCOwens-Corning Inc
$142.00-0.07%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
21.25
Growth
55.51
Quality
73.16
Value
39.79
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In:
Comments
Loading...