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Barclays Sticks to Its Buy Rating for Owens Corning (OC)

Tipranks - Tipranks - Fri Jan 16, 4:00AM CST

In a report released today, Matthew Bouley from Barclays maintained a Buy rating on Owens Corning, with a price target of $138.00.

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According to TipRanks, Bouley is a 5-star analyst with an average return of 15.2% and a 63.27% success rate. Bouley covers the Industrials sector, focusing on stocks such as Fortune Brands Innovations, Builders Firstsource, and Owens Corning.

In addition to Barclays, Owens Corning also received a Buy from Wells Fargo’s Sam Reid in a report issued yesterday. However, today, TipRanks – DeepSeek reiterated a Hold rating on Owens Corning (NYSE: OC).

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Based on Owens Corning’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.68 billion and a GAAP net loss of $494 million. In comparison, last year the company earned a revenue of $3.05 billion and had a net profit of $321 million

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