Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Akanksha Bakshi

Wells Fargo Bumps Up Owens Corning Price Target By 7%

Owens Corning OC Wells Fargo NYSE
  • Wells Fargo analyst Deepa Raghavan raised the price target on Owens Corning (NYSE: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.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Happy 50th birthday to the UPC barcode – no one expected you would revolutionize global commerce
The first modern barcode was scanned 50 years ago this summer – on a 10-pack of chewing gum in a grocery store in Troy, Ohio.
The Conversation
The Conversation
Hard rock, ambient weirdness and UFOs: exploring the greatness of early 70s Fleetwood Mac
As a new best-of collates the era between Peter Green and Buckingham-Nicks, we pick out the gems from this diverse and unfairly ignored period
The Guardian - UK
The Guardian - UK
Moderate drinking not better for health than abstaining, analysis suggests
Scientists say flaws in previous research mean health benefits from alcohol were exaggerated
The Guardian - UK
The Guardian - UK
Can a poem be adapted into a video game? Here’s what I learned from trying
Video game adaptations of novels and short fiction have long helped bring works of fiction to new audiences. The Witcher, for example, which now spans three games and a Netflix series, began life as a series of fantasy stories by Polish author Andrzej Sapkowski.
The Conversation
The Conversation
Time Bandits reboot: A trip worth taking
The "What We Do in the Shadows" co-creators update Terry Gilliam's family classic to meet the modern age
Salon
Salon
No Clearly Established Right to Communicate with a Horse
That is, of course, unless the horse is the famous Mr. Ed.
Reason
Reason
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play