By: Benzinga
February 07, 2013 at 12:30 PM EST
UPDATE: KeyBanc Downgrades Owens Corning to Hold on Near-Term Volatility, Valuation
KeyBanc downgraded Owens Corning (NYSE: OC ) from Buy to Hold and removed the $37.00 price target. KeyBanc commented, "Owens Corning (OC-NYSE) diversified portfolio should benefit from the U.S. housing recovery, but amid high cyclical growth expectations, partly tied to two separate price announcements, and past margin volatility, we
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