Owens Corning price target raised to $185 from $161 at Barclays

Barclays raised the firm’s price target on Owens Corning to $185 from $161 and keeps an Overweight rating on the shares. The analyst says the company’s Q2 is “compelling evidence” of the structurally improved profitability of Owens Corning, with further tailwinds both cyclical and secular “still to come.”