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home / news releases / MAS - Masco Corp.: Reiterate Buy Rating As Q4 2023 Results Showed Further Signs Of Recovery

MAS - Masco Corp.: Reiterate Buy Rating As Q4 2023 Results Showed Further Signs Of Recovery

Masco Corporation

2024-02-20 01:17:14 ET

Summary

  • Masco's 4Q23 performance reinforces buy rating as demand stabilizes and management executes well, leading to market share gains.
  • Management expects sales to improve sequentially throughout FY24, with the plumbing segment outgrowing the industry and driving margin expansion.
  • I believe MAS is on track for positive growth in FY24 if conditions improve, with potential for margin expansion and volume gains.

Summary

For further details see:

Masco Corp.: Reiterate Buy Rating As Q4 2023 Results Showed Further Signs Of Recovery
Stock Information
Company Name: Masco Corporation
Stock Symbol: MAS
Market: NYSE
Website: masco.com
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