BofA analyst Rafe Jadrosich raised the firm’s price target on Owens Corning (OC) to $224 from $220 and keeps a Buy rating on the shares after the company’s Q3 adjusted EPS beat expectations on stronger margins. Owens guided to mid-teens EBIT margin in Q4, which is roughly in line with expectations but “looks conservative,” the analyst tells investors in a post-earnings note.
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