Owens Corning price target raised to $165 from $145 at Truist

Truist raised the firm’s price target on Owens Corning to $165 from $145 and keeps a Hold rating on the shares after its Q1 earnings beat. The company’s execution has remained excellent with more insulation pricing coming, while the management commentary also pointed toward potential insulation capacity additions, which are needed given tight supply, the analyst tells investors in a research note.