Goldman Sachs Cuts Owens Corning and Meritage Price Targets
Goldman Sachs cut Owens Corning’s target to $128 from $169 and Meritage’s to $82 from $93, while keeping Meritage at Buy, Benzinga reported.
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what happened
Newsmetry API, citing ratings actions from Benzinga, reported that Goldman Sachs lowered its price target for Owens Corning to $128.00 per share from $169.00.
For Meritage, Goldman Sachs reduced the target to $82.00 per share from $93.00. The bank nevertheless maintained its Buy rating on Meritage, according to Benzinga’s data published at 17:35 GMT.
why it matters
The target-price changes indicate a revised analyst assessment of both companies. Keeping Meritage at Buy means the lower valuation target was not accompanied by a change in the recommendation.
instruments
sources
- Owens Corning Price Target Cut to $128.00/Share From $169.00 by Goldman Sachs — Newsmetry API, 12 October 2026 at 17:40 UTC
- Meritage Price Target Cut to $82.00/Share From $93.00 by Goldman Sachs — Newsmetry API, 12 October 2026 at 17:35 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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