B of A Securities Downgrades Masco: Here's What You Need To Know

B of A Securities downgraded its rating of Masco MAS to Underperform with a price target of $46.00, changing its price target from $58.00 to $46.00.

Shares of Masco are trading up 0.13% over the last 24 hours, at $47.87 per share.

A move to $46.00 would account for a 3.91% decline from the current share price.

About Masco

Masco manufactures a variety of home improvement and building products. The company's $5.1 billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing fixtures and components. The $3.2 billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands, but it also sells builder hardware and lighting products.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.