There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Owens Corning (OC – Research Report) and Cabot (CBT – Research Report) with bullish sentiments.
Owens Corning (OC)
Loop Capital Markets analyst Garik Shmois maintained a Buy rating on Owens Corning today and set a price target of $143.00. The company’s shares closed last Monday at $121.33.
According to TipRanks.com, Shmois is a 5-star analyst with an average return of
Owens Corning has an analyst consensus of Moderate Buy, with a price target consensus of $144.18, implying a 18.2% upside from current levels. In a report issued on October 25, Jefferies also maintained a Buy rating on the stock with a $172.00 price target.
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Cabot (CBT)
Loop Capital Markets analyst Chris Kapsch maintained a Buy rating on Cabot today and set a price target of $102.00. The company’s shares closed last Monday at $66.28, close to its 52-week low of $63.73.
According to TipRanks.com, Kapsch is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cabot with a $84.67 average price target.
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Read More on OC:
- Owens Corning management to meet with Loop Capital
- Owens Corning price target lowered to $115 from $135 at Truist
- Owens Corning price target lowered to $155 from $168 at RBC Capital
- Owens Corning price target lowered to $143 from $157 at Loop Capital
- Owens Corning price target lowered to $123 from $143 at Wells Fargo
