$OC

JELD-WEN (JELD) reported flat Q2 revenues but beat expectations, raising full-year guidance and seeing a 21.5% stock increase. Builders FirstSource (BLDR) saw an 8.8% revenue decline, missing estimates, and its stock fell 19.9%. Owens Corning (OC) reported flat revenues but beat estimates, though its stock dropped 21%. Hayward (HAYW) reported a 6.3% revenue increase, beating estimates, but its stock fell 24.2%.

DA Davidson reduced its price target for Owens Corning (NYSE:OC) to $143 from $190 but kept a Buy rating. The stock trades at $113.75, below its Fair Value. The firm noted cyclical troughs in roofing, insulation, and doors but highlighted strong EBITDA margins. Owens Corning reported Q2 2026 earnings of $3.93 per share on $2.8B revenue, beating estimates. RBC downgraded OC to Sector Perform with a $127 target, citing roofing sector weaknesses.

Analysts updated ratings and price targets for several companies. Constellation Brands (STZ) was downgraded to hold with a target of $135. Etsy (ETSY) was downgraded to neutral with a target of $77. Micron (MU) was upgraded to outperform with a target of $1,202. Hilton (HLT) was upgraded to outperform with a target of $370. Other companies also received rating changes and target adjustments.

Owens-Corning Inc (OC) shares fell 4.3% to $114.68 on October 07, 2026, down 17.3% over the past month. The stock is trading within a 52-week range of $97.53 to $159.91. According to GuruFocus, OC is undervalued with a GF Value of $157.07, a 27.0% margin of safety. The company has a GF Score of 82/100, indicating strong performance relative to peers, but faces profitability challenges and insider selling.

Citi upgraded Flutter (FLUT) to Buy with a $91 target. Cantor upgraded Humana (HUM) to Overweight with a $460 target. TD Cowen upgraded Marvell (MRVL) to Buy with a $350 target. Evercore upgraded NetApp (NTAP) to Outperform with a $300 target. Citi upgraded XPO (XPO) to Buy with a $224 target. UBS downgraded AppFolio (APPF) to Neutral with a $220 target. William Blair downgraded Option Care Health (OPCH) after its acquisition by CD&R and McKesson (MCK).

RBC downgraded Mohawk Industries (MHK), Builders FirstSource (BLDR), and Owens Corning (OC) due to expected headwinds in 2027. The firm lowered price targets and earnings estimates, citing higher rates, inflation, and weak housing starts. RBC prefers distributors over manufacturers and sees potential risks in the fourth quarter and 2027 for these stocks.

Wall Street analysts issued upgrades, downgrades, and initiations for several companies. Notable upgrades include Marvell (MRVL) to Buy with a $350 target and NetApp (NTAP) to Outperform with a $300 target. Downgrades include AppFolio (APPF) to Neutral with a $220 target. Initiations include Abbott Laboratories (ABT) with an Overweight rating and $120 target. Major indices closed at record highs, with the S&P 500 at 7,818 and Nasdaq at 27,599.

Analysts updated ratings and price targets for multiple companies. Lululemon (LULU) was downgraded to neutral with a target of $100. Marvell (MRVL) was upgraded to buy with a target of $350. Coinbase (COIN) maintained underweight but raised its target to $149. Microsoft (MSFT) kept outperform with a target of $635. Robinhood (HOOD) maintained overweight with a target of $132.

RBC Capital downgraded Owens Corning (OC) to Sector Perform, lowering its price target to $127. The firm reduced its 2026 and 2027 EPS estimates, citing roofing weakness. The stock trades near InvestingPro’s Fair Value. DA Davidson initiated coverage with a Buy rating and $190 target. OC reported Q2 2026 earnings of $3.93 per share, beating estimates.

Owens Corning (OC) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 16, 2026, the Board of Directors (the “Board”) of Owens Corning (the “Company”) expanded the number of direct