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Analysts Are Bullish on Top Conglomerates Stocks: Masonite International (DOOR)

There’s a lot to be optimistic about in the Conglomerates sector as 1 analysts just weighed in on and Masonite International (DOORResearch Report) with bullish sentiments.

Masonite International (DOOR)

J.P. Morgan analyst Michael Rehaut maintained a Buy rating on Masonite International on February 24 and set a price target of $130.00. The company’s shares closed last Friday at $93.47.

According to TipRanks.com, Rehaut is a 3-star analyst with an average return of 2.8% and a 53.9% success rate. Rehaut covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker, Century Communities, and M.D.C. Holdings.

Currently, the analyst consensus on Masonite International is a Strong Buy with an average price target of $133.40, representing a 38.9% upside. In a report issued on February 22, Wedbush also maintained a Buy rating on the stock with a $140.00 price target.

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