UPDATE: Oppenheimer Upgrades Masco on Anticipated Continued Benefits
September 10, 2013 at 10:29 AM EDT
In a report published Tuesday, Oppenheimer analyst Jim Giannakouros upgraded the rating on Masco Corporation (NYSE: MAS ) from Perform to Outperform, and reiterated the $25.00 price target. In the report, Oppenheimer noted, “We are upgrading shares of MAS to Outperform from Perform, anticipating continued benefits from strong US housing