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Masco price target raised to $71 from $62 at RBC Capital

RBC Capital raised the firm’s price target on Masco (MAS) to $71 from $62 and keeps a Sector Perform rating on the shares. The firm cites the company’s Q2 earnings beat and higher FY25 guidance that assumes solid plumbing and tamer tariffs, the analyst tells investors in a research note. Plumbing pricing and Pro paint remain partial offsets to weaker plumbing volumes, the firm added.

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