Wells Fargo Has a Positive Outlook on Owens Corning (OC), Despite a Challenging Housing Market in 2026

Owens Corning (NYSE:OC) is one of the new stocks David Tepper has bought. As of December 29, the average price target for OC suggests an upside of 17%; however, the Street high indicates an upside of 57%. David Tepper added Owens Corning to his Q3 portfolio by acquiring 161,500 shares of the company worth 22.8million.OnDecember15,analystSamReidfromWellsFargomaintainedanOverweightratingonOwensCorning(NYSE:OC)buttrimmedthepricetargetfrom22.8 million. On December 15, analyst Sam Reid from Wells Fargo maintained an Overweight rating on Owens Corning (NYSE:OC) but trimmed the price target from 150 to $130. According to the firm, 2025 is ...