RBC Capital lowered the firm’s price target on Owens Corning (OC) to $212 from $224 and keeps an Outperform rating on the shares after its Q4 results and guidance. The firm cites continued weakness in Doors business but remains positive on the setup and valuation, noting the Q1 Roofing guide feels conservative given solid price/cost and stable volumes, while Insulation margins and price/cost remain healthy as well.
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