Masco (MAS) PT Raised to $43 at RBC Capital

RBC Capital analyst Mike Dahl raised the price target on Masco (NYSE: MAS) to $43.00 (from $39.00) while maintaining a Outperform rating after the company recently announced it is exploring strategic alternatives for its Cabinets, Windows and Other Specialty businesses.

"Net, we see a potential RemainCo consisting of ~60% Plumbing/~40% Decorative Architectural as garnering a significant multiple premium vs. building product peers," the analyst commented.

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