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Barclays Adjusts Price Target on Masco to $65 From $71, Maintains Equalweight Rating
Barclays has adjusted its price target for Masco Corporation (MAS) to $65, down from $71, while maintaining an Equalweight rating on the stock. This adjustment comes alongside similar movements from other financial institutions, as analysts continue to recalibrate their outlooks for the construction supplies and fixtures company. Masco Corporation is a leading manufacturer of home improvement products, including plumbing equipment and architectural decoration products, with its primary market in North America.