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Stock Market & Financial Investment News

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April 24, 2014
06:34 EDTOCOwens Corning roofing concerns overdone, says Longbow
After Owens Corning reported Q! EPS that came in below the consensus estimate, Longbow believes that concerns about the company's roofing business are overdone. The firm expects the company's roofing profits to accelerate with the improvement in weather. and price increases It trimmed its price target to $50 from $51 but keeps a Buy rating.
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