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deutsche bank assigns hold rating to masco with price target of 71

Deutsche Bank has initiated coverage on Masco Corporation with a "Hold" rating and a price target of $71. Masco, a leading manufacturer of home improvement products, generates 62% of its net sales from plumbing equipment and 38% from architectural decoration products, with 80% of sales occurring in North America. The company operates 45 production sites, primarily in North America.
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