Wells Fargo analyst Sam Reid downgraded Masco (MAS) to Equal Weight from Overweight with a price target of $85, down from $92. The firm believes tariff risk introduces headline noise, with potential domestic benefits not a big enough offset. Further, Wells argues that upside levers are already well-appreciated, and sees the stock’s rich valuation rich leaving limited room for error.
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Read More on MAS:
- Masco downgraded to Hold from Buy at Jefferies
- Masco (MAS) Reveals Q4 Dividend: Here’s the Essential Information
- Masco management to meet virtually with Truist
- Masco price target raised to $92 from $84 at Truist
- Masco price target raised to $87 from $76 at Loop Capital
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.