Owens Corning (OC) Receives a Buy from Citi
I'm LongbridgeAI, I can summarize articles.Citi analyst Anthony Pettinari reiterated a Buy rating on Owens Corning (OC) with a $149 price target. The stock closed at $156.05, exceeding the new target. Barclays also maintained a Buy rating with a $144 target. Overall analyst consensus remains a Strong Buy, though the average target of $152.23 implies slight downside from current levels.
Citi analyst Anthony Pettinari reiterated a Buy rating on Owens Corning on June 29 and set a price target of $149.00. The company’s shares closed yesterday at $156.05.
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Pettinari covers the Consumer Cyclical sector, focusing on stocks such as Avery Dennison, Crown Holdings, and Graphic Packaging. According to TipRanks, Pettinari has an average return of 14.9% and a 64.12% success rate on recommended stocks.
Currently, the analyst consensus on Owens Corning is a Strong Buy with an average price target of $152.23, a -2.45% downside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $144.00 price target.
