Truist Financial Issues Positive Forecast for Owens Corning (NYSE:OC) Stock Price
Truist Financial has raised its price target for Owens Corning (NYSE:OC) to $140 from $125 but maintained a "hold" rating, suggesting a potential downside despite a positive earnings report where the company surpassed EPS and revenue estimates. Other analysts have more optimistic ratings, with an average target of $159.75. The article also details recent insider stock sales and institutional investment changes in Owens Corning.
Why it matters
Attributed market update with source link for portfolio context.