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Wells Fargo Sticks to Its Buy Rating for Masco (MAS)

Tipranks - Tipranks - Sat Jun 13, 5:48AM CDT

In a report released today, Sam Reid from Wells Fargo maintained a Buy rating on Masco, with a price target of $82.00.

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Reid covers the Consumer Cyclical sector, focusing on stocks such as Lennar, Toll Brothers, and DR Horton. According to TipRanks, Reid has an average return of 3.9% and a 53.51% success rate on recommended stocks.

Currently, the analyst consensus on Masco is a Moderate Buy with an average price target of $80.77.

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Based on Masco’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.92 billion and a net profit of $213 million. In comparison, last year the company earned a revenue of $1.8 billion and had a net profit of $186 million

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