UPDATE: Bank of America Upgrades James Hardie Industries on US Housing Sector Recovery
September 05, 2013 at 10:37 AM EDT
In a report published Thursday, Bank of America analyst Ben Chan upgraded the rating on James Hardie Industries plc (NYSE: JHX ) from Neutral to Buy, and raised the price target from $52.00 to $59.78. In the report, Bank of America noted, “James Hardies derives approx 80pct of earnings directly
