Masco price target raised to $81 from $65 at Truist

Truist analyst Keith Hughes raised the firm’s price target on Masco to $81 from $65 and keeps a Buy rating on the shares. The company’s Q4 results came in well above consensus expectations on positive price to cost, particularly in plumbing, the analyst tells investors in a research note. Demand remains down, but the slowdown rate seems to be decelerating somewhat headed into the new year, the firm added.